First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID

$117.64

2.03%

Market Cap: 1.52B

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

200% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 3 (+2) [Q1 2024]

27% more capital invested

Capital invested by funds: $411M [Q4 2023] → $522M (+$110M) [Q1 2024]

15% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 27

11% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 53

2% more funds holding

Funds holding: 176 [Q4 2023] → 180 (+4) [Q1 2024]

1.9% more ownership

Funds ownership: 50.41% [Q4 2023] → 52.3% (+1.9%) [Q1 2024]

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Research analyst outlook

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

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Financial journalist opinion

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

Zacks Investment Research

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)?

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

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

GRID: A Powerful Rally, But Be Mindful Of Valuation And Concentration

Infrastructure funds experience the largest net inflow since June 2022 as copper prices rise and AI theme enters Utilities sector. GRID's price-to-earnings ratio is lofty, while its technical situation is robust. With a hold rating on this global cyclical ETF, I highlight key price levels to monitor as a bullish seasonal stretch continues.

GRID: A Powerful Rally, But Be Mindful Of Valuation And Concentration

Zacks Investment Research

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)?

The Motley Fool

The U.S. Is About to Spend Hundreds of Billions on Infrastructure: 3 ETFs to Reap the Benefits

The Infrastructure Investment and Jobs Act was passed in 2021, but most of the funding hasn't been spent yet. When that spending kicks in, it should benefit industrial, materials, and related companies.

The U.S. Is About to Spend Hundreds of Billions on Infrastructure: 3 ETFs to Reap the Benefits

ETF Themes That Dominated in Q1 2023

As the first quarter comes to a close, clearly, there have been some thematic winners in terms of flows and investment performance. Artificial Intelligence AI-themed ETFs remain among the top recipients of investor flows this year.

ETF Themes That Dominated in Q1 2023

Zacks Investment Research

Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?

If you're interested in broad exposure to the Utilities - Infrastructure segment of the equity market, look no further than 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)?

Zacks Investment Research

5 Top-Ranked Beaten-Down ETFs to Rebound in 2024

Wall Street delivered a mixed performance in the past six months. These five ETFs have lost in that time-frame (although the S&P 500 is up about 5.5%).

5 Top-Ranked Beaten-Down ETFs to Rebound in 2024

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