Global X Clean Tech ETF (NASDAQ:CTEC) Trading Down 0% – Should You Sell?

Global X Clean Tech ETF (NASDAQ:CTEC)’s share price traded down 0% during trading on Monday . The stock traded as low as $6.48 and last traded at $6.50. 8,744 shares traded hands during trading, a decline of 48% from the average session volume of 16,726 shares. The stock had previously closed at $6.50.

Global X Clean Tech ETF Stock Down 2.3 %

The firm has a market cap of $29.18 million, a price-to-earnings ratio of 14.29 and a beta of 1.41. The firm has a 50 day moving average of $6.68 and a 200 day moving average of $7.14.

Global X Clean Tech ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a dividend of $0.0804 per share. The ex-dividend date was Monday, December 30th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC increased its stake in Global X Clean Tech ETF by 11.9% in the third quarter. Integrated Wealth Concepts LLC now owns 13,735 shares of the company’s stock valued at $115,000 after purchasing an additional 1,466 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of Global X Clean Tech ETF in the 3rd quarter valued at about $132,000. LPL Financial LLC increased its position in Global X Clean Tech ETF by 41.2% in the 4th quarter. LPL Financial LLC now owns 32,994 shares of the company’s stock valued at $224,000 after buying an additional 9,623 shares in the last quarter. CreativeOne Wealth LLC raised its stake in Global X Clean Tech ETF by 5.1% during the 3rd quarter. CreativeOne Wealth LLC now owns 56,798 shares of the company’s stock worth $475,000 after buying an additional 2,763 shares during the period. Finally, Jane Street Group LLC boosted its holdings in Global X Clean Tech ETF by 55.8% in the fourth quarter. Jane Street Group LLC now owns 80,622 shares of the company’s stock worth $547,000 after acquiring an additional 28,867 shares in the last quarter.

Global X Clean Tech ETF Company Profile

The Global X CleanTech ETF (CTEC) is an exchange-traded fund that is based on the Indxx Global CleanTech index. The fund tracks a market-cap weighted index of global companies involved in the development and production of technologies that reduce negative impact on the environment. CTEC was launched on Oct 27, 2020 and is managed by Global X.