First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund logo

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index FundNASDAQ: GRID

Profile

Assets class:

Equity

Assets under management:

$1 B

Average volume:

$138 K

Domicile:

US

Expense ratio:

0.57%

Inception date:

17 November 2009

Website:

-

Last dividends:

26 September 2024

Next dividends:

N/A
Name
Weight
Eaton logo
Eaton(ETN)
9.20 %
Schneider Electric SE(SU.FP)
7.81 %
ABB Ltd(ABBN.SW)
7.67 %
National Grid Plc(NG/.LN)
7.40 %
4.63 %
Prysmian SpA(PRY.IM)
3.30 %
Tesla logo
Tesla(TSLA)
2.89 %

Top countries

Name
Weight
United States
46.80 %
United Kingdom
11.22 %
France
9.68 %
Switzerland
8.49 %
Italy
5.82 %
South Korea
3.41 %
Brazil
3.10 %
Canada
2.20 %
Spain
1.90 %

Dividend yield TTM

$0.2525.12%

GRID Latest News

GRID: Investors Are Finally Taking Electrification Seriously
seekingalpha.com23 September 2024 Sentiment: POSITIVE

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.

Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?
zacks.com10 September 2024 Sentiment: POSITIVE

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.

Tantalus Systems Holding Inc. Reports Financial Results for Q2 and First Half of 2024
newsfilecorp.com06 August 2024 Sentiment: POSITIVE

Burnaby, British Columbia--(Newsfile Corp. - August 6, 2024) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, is pleased to announce its financial and operating results for the quarter and six months ended June 30, 2024. Financial & Operating Highlights for Q2 2024 1 : Sales Orders: The Company converted $32.9 million (CND$44.7 million) of orders from its sales pipeline during the first six months of 2024.

Tantalus to Report Second Quarter 2024 Financial Results on August 6, 2024
newsfilecorp.com15 July 2024 Sentiment: POSITIVE

Burnaby, British Columbia--(Newsfile Corp. - July 15, 2024) - Tantalus Systems (TSX: GRID) ("Tantalus" or the "Company"), a grid modernization technology company focused on helping utilities harness the power of data to modernize the grid, is pleased to announce that the Company will release its financial results for the quarter ended June 30, 2024, after the market closes on Tuesday, August 6, 2024. The Company will hold a conference call and webcast to discuss the financial results on Wednesday, August 7, 2024, at 11:00 am Eastern Time.

Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?
zacks.com10 July 2024 Sentiment: POSITIVE

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.

Tantalus Systems Holding Inc. Completes $10 Million Bought Deal Financing
newsfilecorp.com23 May 2024 Sentiment: POSITIVE

Burnaby, British Columbia--(Newsfile Corp. - May 23, 2024) - Tantalus Systems Holding Inc. (TSX: GRID) ("Tantalus" or the "Company") is pleased to announce that it has closed its previously announced bought deal financing by issuing an aggregate of 6,250,000 common shares (the "Common Shares") from the treasury of the Company at a price of C$1.60 per Common Share (the "Offering Price") for total gross proceeds of approximately C$10 million (the "Offering") pursuant to the terms of an underwriting agreement dated May 23, 2024 (the "Underwriting Agreement") between the Company and the Underwriters (as defined below). Cormark Securities Inc. and Canaccord Genuity Corp. (together, the "Co-Lead Underwriters") acted as co-leads and joint bookrunners of the Offering on behalf of a syndicate of underwriters which also included Beacon Securities Limited, Haywood Securities Inc. and Paradigm Capital Inc. (collectively with the Co-Lead Underwriters, the "Underwriters").

KBRA Assigns Preliminary Ratings to Sunnova Hestia II Issuer, LLC Solar Loan Backed Notes, Series 2024-GRID1
businesswire.com16 May 2024 Sentiment: NEGATIVE

KBRA has assigned preliminary ratings to two classes of notes issued by Sunnova Hestia II Issuer, LLC Solar Loan Backed Notes, Series 2024-GRID1, a $168.9 million residential solar loan ABS transaction. This is the second securitization under the Hestia program, which includes a partial loan guarantee from the U.S. Department of Energy. Projects funded under Project Hestia aim to provide loans for clean energy systems to disadvantaged communities.

Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?
Zacks Investment Research06 May 2024 Sentiment: POSITIVE

Introduced on November 16, 2009, the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID) is a passively managed ETF that aims to offer a wide range of exposure to the Utilities - Infrastructure sector of the stock market.

Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?
Zacks Investment Research05 March 2024 Sentiment: POSITIVE

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 Research04 January 2024 Sentiment: POSITIVE

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.

What is GRID ETF?

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.

What is GRID assets class?

Assets class of GRID ETF is 'Equity'

What is GRID assets under management?

Assets under management of GRID ETF is $1 B

What is GRID average volume?

Average volume of GRID ETF is $138 K

What is GRID domicile?

Domicile of GRID ETF is US

What is GRID expense ratio?

Expense ratio of GRID ETF is 0.57%

What is GRID inception date?

Inception date of GRID ETF is 17 November 2009

What is GRID website?

Website of GRID ETF is null