QCLN - （First Trust NASDAQ Clean Edge Green Energy Index Fund）

The House of Representatives passed the Inflation Reduction Act on Aug. 12. It now goes to President Joe Biden’s desk. The bill is expected to generate $739 billion in revenue, according to the Congressional Budget Office (CBO). Of the $739 billion in revenue, $433 billion will be for new spending, while the remainder will be for deficit reduction. There will be winners and losers from the enactment of the IR Act. According to the global law firm Dentons, $369 billion of the $433 billion in spending will be for tax credits to address climate change and energy security. The additional $64 billion in spending will be for a three-year extension of the enhanced Affordable Care Act (ACA) tax credits. The big winner from this legislation is the clean energy industry. The IR Act seeks to reduce greenhouse gas (GHG) emissions by 40% by 2030 through tax credits for businesses benefiting from the cleaning of energy. This includes electric vehicle (EV) manufacturers, makers of equipment for generating clean energy, producers, alternative asset managers investing in clean energy and other related companies.

The fastest way to find a collection of renewable energy stocks to choose from is to use the holdings from one of the larger renewable energy-focused ETFs. I’ve chosen the First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN), which tracks the performance of the Nasdaq Clean Edge Green Energy Index. The fund is rebalanced four times a year and reconstituted twice in March and September. It recently had 65 holdings, varying from 9.34% for the top holding to 0.03% for the last holding. The fund invests in four sub-sectors: Advanced Materials, Energy Intelligence, Energy Storage & Conversion, and Renewable Electricity & Renewable Fuels.

First Trust NASDAQ Clean Edge Green Energy Index Fund (NYSEARCA:QCLN) shot up 0% during trading on Friday . The stock traded as high as $72.41 and last traded at $71.14. 231,650 shares were traded during mid-day trading, a decline of 57% from the average session volume of 542,481 shares. The stock had previously closed at []

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) was the recipient of some unusual options trading activity on Wednesday. Stock traders bought 7,322 call options on the company. This represents an increase of 2,705% compared to the average volume of 261 call options. Large investors have recently added to or reduced their stakes []

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) shares saw strong trading volume on Tuesday . 24,729 shares traded hands during mid-day trading, a decline of 96% from the previous sessions volume of 557,280 shares.The stock last traded at $78.90 and had previously closed at $81.69. The businesss 50 day moving average is []

The House of Representatives passed the Inflation Reduction Act on Aug. 12. It now goes to President Joe Biden’s desk. The bill is expected to generate $739 billion in revenue, according to the Congressional Budget Office (CBO). Of the $739 billion in revenue, $433 billion will be for new spending, while the remainder will be for deficit reduction. There will be winners and losers from the enactment of the IR Act. According to the global law firm Dentons, $369 billion of the $433 billion in spending will be for tax credits to address climate change and energy security. The additional $64 billion in spending will be for a three-year extension of the enhanced Affordable Care Act (ACA) tax credits. The big winner from this legislation is the clean energy industry. The IR Act seeks to reduce greenhouse gas (GHG) emissions by 40% by 2030 through tax credits for businesses benefiting from the cleaning of energy. This includes electric vehicle (EV) manufacturers, makers of equipment for generating clean energy, producers, alternative asset managers investing in clean energy and other related companies.

The fastest way to find a collection of renewable energy stocks to choose from is to use the holdings from one of the larger renewable energy-focused ETFs. I’ve chosen the First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN), which tracks the performance of the Nasdaq Clean Edge Green Energy Index. The fund is rebalanced four times a year and reconstituted twice in March and September. It recently had 65 holdings, varying from 9.34% for the top holding to 0.03% for the last holding. The fund invests in four sub-sectors: Advanced Materials, Energy Intelligence, Energy Storage & Conversion, and Renewable Electricity & Renewable Fuels.

First Trust NASDAQ Clean Edge Green Energy Index Fund (NYSEARCA:QCLN) shot up 0% during trading on Friday . The stock traded as high as $72.41 and last traded at $71.14. 231,650 shares were traded during mid-day trading, a decline of 57% from the average session volume of 542,481 shares. The stock had previously closed at []

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) was the recipient of some unusual options trading activity on Wednesday. Stock traders bought 7,322 call options on the company. This represents an increase of 2,705% compared to the average volume of 261 call options. Large investors have recently added to or reduced their stakes []

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) shares saw strong trading volume on Tuesday . 24,729 shares traded hands during mid-day trading, a decline of 96% from the previous sessions volume of 557,280 shares.The stock last traded at $78.90 and had previously closed at $81.69. The businesss 50 day moving average is []

The House of Representatives passed the Inflation Reduction Act on Aug. 12. It now goes to President Joe Biden’s desk. The bill is expected to generate $739 billion in revenue, according to the Congressional Budget Office (CBO). Of the $739 billion in revenue, $433 billion will be for new spending, while the remainder will be for deficit reduction. There will be winners and losers from the enactment of the IR Act. According to the global law firm Dentons, $369 billion of the $433 billion in spending will be for tax credits to address climate change and energy security. The additional $64 billion in spending will be for a three-year extension of the enhanced Affordable Care Act (ACA) tax credits. The big winner from this legislation is the clean energy industry. The IR Act seeks to reduce greenhouse gas (GHG) emissions by 40% by 2030 through tax credits for businesses benefiting from the cleaning of energy. This includes electric vehicle (EV) manufacturers, makers of equipment for generating clean energy, producers, alternative asset managers investing in clean energy and other related companies.

The fastest way to find a collection of renewable energy stocks to choose from is to use the holdings from one of the larger renewable energy-focused ETFs. I’ve chosen the First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN), which tracks the performance of the Nasdaq Clean Edge Green Energy Index. The fund is rebalanced four times a year and reconstituted twice in March and September. It recently had 65 holdings, varying from 9.34% for the top holding to 0.03% for the last holding. The fund invests in four sub-sectors: Advanced Materials, Energy Intelligence, Energy Storage & Conversion, and Renewable Electricity & Renewable Fuels.

First Trust NASDAQ Clean Edge Green Energy Index Fund (NYSEARCA:QCLN) shot up 0% during trading on Friday . The stock traded as high as $72.41 and last traded at $71.14. 231,650 shares were traded during mid-day trading, a decline of 57% from the average session volume of 542,481 shares. The stock had previously closed at []

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) was the recipient of some unusual options trading activity on Wednesday. Stock traders bought 7,322 call options on the company. This represents an increase of 2,705% compared to the average volume of 261 call options. Large investors have recently added to or reduced their stakes []

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) shares saw strong trading volume on Tuesday . 24,729 shares traded hands during mid-day trading, a decline of 96% from the previous sessions volume of 557,280 shares.The stock last traded at $78.90 and had previously closed at $81.69. The businesss 50 day moving average is []