|Bid||20.02 x 1800|
|Ask||24.72 x 1100|
|Day's Range||20.79 - 21.35|
|52 Week Range||16.31 - 22.68|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.21|
|Expense Ratio (net)||0.60%|
Just days after an existing fund was converted into an alternative energy ETF, another fund joined that rapidly expanding fray on Tuesday with the debut of the First Trust EIP Carbon Impact ETF (NYSE: ECLN). ECLN “seeks to achieve a competitive risk-adjusted total return balanced between dividends and capital appreciation,” according to First Trust.
Today's investors have access to a growing number of green ETFs, allowing them to incorporate environmentally friendly strategies into their investment decisions. Exchange traded funds (ETFs) are investment funds that trade on a stock exchange.
Tesla delivered 33,000 vehicles in North America so far this quarter and is aiming to supply additional 33,000 cars in the final month of the current quarter.
Albemarle Ups Its Quarterly Dividend for the 25th Straight YearAlbemarle’s first-quarter dividend On February 26, 2019, Albemarle (ALB) announced the key dates for its 2019 first-quarter dividend. To be eligible for the declared dividend, investors
Shares of Tesla fell as much as 5 percent on Friday after the newly-revealed Model Y failed to impress Wall Street during its Thursday night debut at a Los Angeles-based design studio. "Overall, we found the event somewhat underwhelming with no major surprises," Deutsche Bank's Emmaneul Rosner said in a note. Tesla CEO Elon Musk said the new Model Y will share 75 percent of the same parts currently used in the entry-level Model 3.
Shares of Tesla fell as much as 8 percent on Friday as the electric automaker is planning to shutter stores and reduce its workforce in an effort to curb costs. Additionally, CEO Elon Musk said Tesla would not be able to produce a profit in the first quarter of 2019. ETFs to watch with the heaviest weightings in Tesla were affected, such as the VanEck Vectors Global Alt Energy ETF (GEX) --down 0.23 percent, ARK Industrial Innovation ETF (ARKQ) --down 0.53 percent and the First Trust NASDAQ Cln Edge GrnEngyETF (QCLN) --down 0.48 percent.
On Friday, Tesla has a $920 million payment in bonds to make as pressures mount for CEO Elon Musk amid its declining cash reserves. In its 15-year history, Tesla has only been profitable for three quarters. In Q3 2018, Tesla made a profit of $312 million (about 4%), but capital expenditures were near the $2 billion level.
After negative reviews from vehicle owners, Consumer Reports withdrew its recommendation of the Tesla Model 3, citing reliability issues. Shares of Tesla (TSLA) fell 3 percent, affecting ETFs with heavy weightings, such as the ARK Industrial Innovation ETF (ARKQ) --down 1.03 percent. Aside from consumer reviews, recommendations by Consumer Reports are based on rigorous performance tests by the rating company's own in-house review team.
Though Tesla missed earnings estimate, it posted back-to-back quarterly profit for the first time in its history. This has put the spotlight on ETFs having substantial allocation to this luxury carmaker.
In four weeks, Tesla has a $920 million payment in bonds to make as pressures mount for CEO Elon Musk amid a 7 percent reduction in the electric carmaker's workforce. ETFs to watch with the heaviest weightings in Tesla include the VanEck Vectors Global Alt Energy ETF (GEX) , ARK Industrial Innovation ETF (ARKQ) and the First Trust NASDAQ Cln Edge GrnEngyETF (QCLN) . In its 15-year history, Tesla has only been profitable for three quarters.
Shares of Tesla fell by around 13% on Jan 18, after the company announced that it will cut around 7% of its workforce and lowered its guidance for fourth-quarter profit, putting related ETFs in focus.
On October 30, Albemarle (ALB) announced the key dates for its fourth-quarter dividend. To be eligible for the declared dividend, investors must be shareholders of record at the close on December 14. For the fourth quarter, Albemarle has declared a dividend of $0.335 per share, which indicates no change over the previous quarter.
The tweet heard around the capital markets regarding Tesla CEO Elon Musk's idea of taking the electric auto manufacturer private is now landing him in hot water as the SEC has filed a civil lawsuit against Musk, alleging he issued "false and misleading" statements and failed to communicate material company events to regulators. Shares of Tesla (TSLA) took a deep dive as the stock plummeted over 12% as of 11:00 a.m. ET, hurting ETFs with heavy weightings, such as the VanEck Vectors Global Alt Energy ETF (GEX) --down 1.24%, ARK Industrial Innovation ETF (ARKQ) --down 1.34% and the First Trust NASDAQ Cln Edge GrnEngyETF (QCLN) --down 1.11%. Downward pressure on Tesla's share price was also applied as investors are positing whether the SEC lawsuit could bring about an abrupt departure of Musk on a temporary or permanent basis.
ETFs with heavy weightings in Tesla stock were mostly down, such as the VanEck Vectors Global Alt Energy ETF (GEX) --down 0.94%, ARK Industrial Innovation ETF (ARKQ) --down 0.22% and the First Trust NASDAQ Cln Edge GrnEngyETF (QCLN) --down 0.61% as of 11:00 a.m. ET. Musk's behavior on the podcast is a culmination of what has been tumultuous times for the electric carmaker founder, which started when he first sent a tweet that he was considering taking the company private at a price of $420 a share, citing that it was "the best path forward." The decision to privatize Tesla halted trading of the company's shares for 92 minutes, leaving Tesla investors in a panic.
Albemarle (ALB) has announced the key dates for its Q3 2018 dividend. To be eligible for the dividend, investors must be shareholders of record as of September 14. The dividend is expected to be paid on October 1.