First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID)
Market Closed
17 Jul, 20:00
$
177. 85
+0.18
+0.1013%
Pre Market
$
+1.75 +0.984% 179. 60
3.77B Market Cap
2.55% Div Yield
486,058 Volume
$ 177.67
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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.
Seekingalpha | 2 years ago
