First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID)
| Assets | $631.77M |
| NAV | $88.36 |
| Expense Ratio | 0.63% |
| PE Ratio | 25.01 |
| Shares Out | 7.15M |
| Dividend (ttm) | $0.82 |
| Dividend Yield | 0.93% |
| Ex-Dividend Date | Jun 24, 2022 |
| 1-Year Return | -10.43% |
| Volume | 2,677 |
| Open | 88.01 |
| Previous Close | 88.36 |
| Day's Range | 87.72 - 88.01 |
| 52-Week Low | 74.82 |
| 52-Week High | 107.16 |
| Beta | 1.20 |
| Holdings | 83 |
| Inception Date | Nov 17, 2009 |
About GRID
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index includes companies that are primarily engaged and involved in electric grid, electric meters and devices, networks, energy storage and management, and enabling software used by the smart grid infrastructure sector. The fund is non-diversified.
Top 10 Holdings
61.09% of assets| Name | Symbol | Weight |
|---|---|---|
| Eaton | ETN | 8.34% |
| Johnson Controls International | JCI | 7.86% |
| Schneider Electric SE | SU.PA | 7.56% |
| ABB Ltd | ABBN.SW | 7.49% |
| Aptiv | APTV | 7.20% |
| Enphase Energy | ENPH | 6.28% |
| SolarEdge Technologies | SEDG | 4.49% |
| Quanta Services | PWR | 4.47% |
| Samsung SDI Co Ltd | 006400.KS | 3.85% |
| Prysmian SpA | PRY.MI | 3.55% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2022 | $0.4294 | Jun 30, 2022 |
| Mar 25, 2022 | $0.1291 | Mar 31, 2022 |
| Dec 23, 2021 | $0.0383 | Dec 31, 2021 |
| Sep 23, 2021 | $0.2237 | Sep 30, 2021 |
| Jun 24, 2021 | $0.3393 | Jun 30, 2021 |
| Mar 25, 2021 | $0.0499 | Mar 31, 2021 |
News
Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?
Sector ETF report for GRID
Sustainable Investing: 4 Earth Day ETFs targeting clean water, wind, the smart grid — and one that has them all
For some investment advisers and stock-pickers, so-called green investing is far from just a feel-good move.
Gird for Soaring EV Demand With GRID
Investors have long heard about rising electric vehicle (EV). However, there are other ways to participate in the trend beyond dedicated EV stocks like Tesla (NASDAQ:TSLA) and exchange traded funds focu...
7 ESG Stocks to Buy as Activists Take Aim at Big Oil
These seven ESG stocks are a perfect way to invest in clean energy as renewable resources gain popularity over traditional ones like oil. The post 7 ESG Stocks to Buy as Activists Take Aim at Big Oil ap...
ESG inflows pace for best quarter, year ever. Unpacking the action
Armando Senra, BlackRock's head of iShares Americas, Salvatore Bruno, chief investment officer at IndexIQ, and Todd Rosenbluth, senior director of ETF and mutual fund research at CFRA, discuss the rise ...
White House's Renewables Ambitions Can Continue to Power ‘GRID'
A centerpiece of the Biden Administration's renewable energy plan is shoring up the country's electrical grids. That's potentially impactful for the First Trust/Clean Edge Smart Grid ETF (NasdaqGM: GRID).
ETFs to Stay Ahead of the Clean Energy Revolution
Exchange traded fund investors seeking to adapt a portfolio to prevailing global trends should explore the wide-reaching impacts of the clean energy revolution. In the recent webcast, Keeping it Clean: ...
Prepare Your Portfolio for Infrastructure Largesse with ‘GRID'
The Biden Administration is preparing a massive $3 trillion infrastructure package. Assuming it sees the light of day, expect plenty of renewable energy spending in that legislation, including much need...
Best Impact Investing ETFs for Q2 2021
The best impact investing ETFs for Q2 2021 are FAN, AIA, and GRID.
First Trust Smart Grid ETF Looking Like Smart 2021 Idea
Solar and wind get most of the hype in the renewable energy investment conversation, but smart grid technology is vital, too, and that highlights opportunity with the First Trust/Clean Edge Smart Grid E...
Best Impact Investing ETFs for Q1 2021
The best impact investing ETFs for Q1 2021 are FAN, EDEN, and GRID.
Why Smart Grid ETFs Are Smart Investments Now
With the incoming Biden Administration planning potentially massive spending on renewable energy, smart grid technologies are likely to be in focus, highlighting opportunities with exchange traded funds...
Smart Grid Investing Is a Smart Idea
If the California summer taught investors anything it’s that smart grid investing could be an exceedingly smart idea in the years ahead.
Top-Performing Alternative Energy ETFs YTD
Let's take a look at some alternative energy ETFs that have gained more than 30% year to date.
