Global X CleanTech ETF (NASDAQ:CTEC – Get Free Report)’s stock price shot up 0.1% during trading on Friday . The stock traded as high as $57.01 and last traded at $56.65. 1,382 shares traded hands during trading, a decline of 69% from the average session volume of 4,432 shares. The stock had previously closed at $56.59.
Global X CleanTech ETF Stock Performance
The firm has a market cap of $28.33 million, a price-to-earnings ratio of 15.62 and a beta of 1.48. The business has a fifty day moving average of $56.23 and a two-hundred day moving average of $45.62.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Flow Traders U.S. LLC grew its stake in Global X CleanTech ETF by 58.4% in the 1st quarter. Flow Traders U.S. LLC now owns 131,459 shares of the company’s stock valued at $787,000 after acquiring an additional 48,444 shares during the last quarter. rebel Financial LLC acquired a new position in Global X CleanTech ETF during the second quarter worth about $112,000. Raymond James Financial Inc. purchased a new stake in shares of Global X CleanTech ETF in the second quarter valued at about $26,000. Finally, BLVD Private Wealth LLC purchased a new stake in shares of Global X CleanTech ETF in the second quarter valued at about $1,252,000.
About Global X CleanTech ETF
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.
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