...The First Trust Nasdaq Clean Edge Smart Grid Infrastructure Index Fund (Nasdaq: GRID) will track the Nasdaq OMX Clean Edge Smart Grid Infrastructure Index, which is a modified market capitalization index, comprises companies involved in electric grid, meters, devices and network, energy storage and management, and sector-related software.
Started in September, the index holds some 30 names.
Index Components As Of Nov. 17 NGK Insulators 53330 ABB Ltd ABBN Advanced Energy Industries AEIS American Superconductor AMSC General Cable BGC Cooper Industries Plc CBE Comverge Inc COMV Digi Intl Inc DGII Echelon Corp ELON EnerNoc Inc ENOC ESCO Technologies Inc ESE General Electric Co GE ITC Holdings Corp ITC Intellon Corp ITLN Itron Inc ITRI Jinpan Intl Ltd JST Mastec Inc MTZ National Grid PLC NG. Pike Electric Corp PIKE Power-One Inc PWER Quanta Services Inc PWR Ruggedcom Inc. RCM SMA Solar Technology AG S92 Satcon Technology Corp SATC Schneider Electric SA SU Siemens AG SIE Telvent GIT SA (US Listing) TLVT Valmont Industries Inc VMI WESCO Intl Inc WCC
"With a growing demand for electricity and the increasingly inefficient infrastructure, the current power grid is unable to keep up with the twenty-first century technology," Ryan Issakainen, vice president, exchange-traded fund strategist for First Trust Portfolios, said in a release....MORE