Global X Clean Tech ETF (NASDAQ:CTEC) Shares Down 0% – Time to Sell?

Shares of Global X Clean Tech ETF (NASDAQ:CTEC) traded down 0% during trading on Monday . The company 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 Performance

The firm has a market cap of $29.18 million, a P/E ratio of 14.29 and a beta of 1.41. The stock’s 50 day simple moving average is $6.68 and its 200 day simple moving average is $7.14.

Global X Clean Tech ETF Dividend Announcement

The firm also recently announced 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.

Hedge Funds Weigh In On Global X Clean Tech ETF

Several large investors have recently added to or reduced their stakes in CTEC. Integrated Wealth Concepts LLC raised its stake in shares of 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 worth $115,000 after purchasing an additional 1,466 shares during the last quarter. CreativeOne Wealth LLC grew its holdings in Global X Clean Tech ETF by 5.1% during the third quarter. CreativeOne Wealth LLC now owns 56,798 shares of the company’s stock worth $475,000 after buying an additional 2,763 shares in the last quarter. LPL Financial LLC raised 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 during the last quarter. Flow Traders U.S. LLC bought a new position in Global X Clean Tech ETF during the 3rd quarter valued at $132,000. Finally, Jane Street Group LLC boosted its holdings in Global X Clean Tech ETF by 55.8% during the 4th 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 during the last quarter.

About Global X Clean Tech 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.