FMP
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
NASDAQ
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.
127.29 USD
1.52 (1.19%)
Seeking Alpha
Jul 26, 2024
Positive factors impacting the outlook for U.S. infrastructure ETFs are strong demand for U.S. infrastructure improvement and bipartisan support for government funding.
Zacks Investment Research
Jul 10, 2024
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.
Seeking Alpha
Jun 13, 2024
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.
ETF Trends
May 29, 2024
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.
Seeking Alpha
May 21, 2024
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.
Zacks Investment Research
May 6, 2024
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.
ETF Trends
Mar 25, 2024
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.
Zacks Investment Research
Mar 5, 2024
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.
Zacks Investment Research
Jan 5, 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%).
Zacks Investment Research
Jan 4, 2024
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.