GRID stock icon

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

126.95 USD
+1.15
0.91%
At close Dec 4, 4:00 PM EST
1 day
0.91%
5 days
0.77%
1 month
4.28%
3 months
7.37%
6 months
6.50%
Year to date
22.63%
1 year
30.47%
5 years
141.58%
10 years
257.00%
0
Funds holding %
of 6,790 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

76% more repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 58

71% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 31

23% more capital invested

Capital invested by funds: $858M [Q2] → $1.06B (+$201M) [Q3]

9% more funds holding

Funds holding: 233 [Q2] → 255 (+22) [Q3]

2.18% more ownership

Funds ownership: 59.76% [Q2] → 61.95% (+2.18%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for GRID.

Financial journalist opinion

Neutral
Zacks Investment Research
3 weeks ago
Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?
Designed to provide broad exposure to the Utilities - Infrastructure segment of the equity market, the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID) is a passively managed exchange traded fund launched on 11/16/2009.
Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?
Neutral
ETF Trends
1 month ago
Disruptive Theme of the Week: How to Power Your Data Center
While the promise of technologies like artificial intelligence, machine learning, cloud computing, and cryptocurrency are groundbreaking, powering the data centers to support them has become increasingly energy intensive. For years, data centers could chug along with a pretty stable appetite for power.
Disruptive Theme of the Week: How to Power Your Data Center
Neutral
ETF Trends
2 months ago
Disruptive Theme of the Week: Top ETF Themes Through Q3 2024
As we face the last quarter of 2024, interest rates are finally heading down, kicked off by a 50 basis point Fed cut, the election race is too close to call, and global geopolitical instability remains a risk factor.
Disruptive Theme of the Week: Top ETF Themes Through Q3 2024
Positive
Seeking Alpha
2 months ago
GRID: Investors Are Finally Taking Electrification Seriously
The GRID ETF has outperformed the S&P500 by ~60% over the past 5-years, driven by electrical equipment, clean-tech, and smart grid infrastructure investments. Top holdings like Eaton Corp and Johnson Controls are well-positioned to benefit from growing electricity demand, AI-centric data centers, and clean energy projects. Despite a relatively high expense fee, GRID's long-term performance and significant discount to the S&P500 justify a BUY rating.
GRID: Investors Are Finally Taking Electrification Seriously
Neutral
Zacks Investment Research
2 months ago
Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?
Launched on 11/16/2009, the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID) is a passively managed exchange traded fund designed to provide a broad exposure to the Utilities - Infrastructure segment of the equity market.
Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?
Negative
ETF Trends
3 months ago
Disruptive Theme of the Week: Where's The Juice?
The “juice” in the article title does not refer to orange juice futures like in the classic film “Trading Places,” but electricity. Reuters recently reported that at the power auction for the U.S.'s largest electrical grid operator, PJM Interconnection, prices soared 800% from $269.92 megawatts per day from $28.
Disruptive Theme of the Week: Where's The Juice?
Neutral
Seeking Alpha
4 months ago
IFRA: U.S. Infrastructure Is A Solid Bet, Just Not This ETF
Positive factors impacting the outlook for U.S. infrastructure ETFs are strong demand for U.S. infrastructure improvement and bipartisan support for government funding.
IFRA: U.S. Infrastructure Is A Solid Bet, Just Not This ETF
Neutral
Zacks Investment Research
4 months ago
Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?
Looking for broad exposure to the Utilities - Infrastructure segment of the equity market? You should consider the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID), a passively managed exchange traded fund launched on 11/16/2009.
Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?
Positive
Seeking Alpha
5 months ago
Invest In The Global Electric Energy Infrastructure Buildup With GRID
GRID invests in companies within the electric infrastructure sector, with a focus on smart grid features and clean energy. GRID has strong growth prospects due to the surge in electricity demand and production from clean energy, EVs, and AI data centers. The fund has a reasonable valuation compared to the S&P 500 and offers a solid combination of growth prospects and valuation.
Invest In The Global Electric Energy Infrastructure Buildup With GRID
Positive
ETF Trends
6 months ago
Renewable Energy ETFs Ride Wave of AI Optimism
Renewable energy ETFs are making a comeback after a dismal showing in the first half of the year. And much of the gains have been fueled by an unlikely source – the rising tide of bullishness over artificial intelligence.
Renewable Energy ETFs Ride Wave of AI Optimism
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