{"id":1601,"date":"2009-11-18T22:59:49","date_gmt":"2009-11-19T03:59:49","guid":{"rendered":"http:\/\/selfinvestors.com\/tradingstocks\/alternative-energy\/smart-grid-etf-grid-begins-trading\/"},"modified":"2018-08-12T01:40:40","modified_gmt":"2018-08-12T06:40:40","slug":"smart-grid-etf-grid-begins-trading","status":"publish","type":"post","link":"https:\/\/selfinvestors.com\/tradingstocks\/alternative-energy\/smart-grid-etf-grid-begins-trading\/","title":{"rendered":"Smart Grid ETF (GRID) Begins Trading"},"content":{"rendered":"<p>The government is pouring billions into the technology.&nbsp; Cisco CEO John Chambers <a href=\"http:\/\/news.cnet.com\/8301-11128_3-10241102-54.html?part=rss&amp;tag=feed&amp;subj=GreenTech\" target=\"_blank\">said it will be bigger than the internet<\/a>.&nbsp; The opportunity for investors is indeed BIG and now there&#8217;s a diversified way to play &#8220;it&#8221; &#8211; the smart grid revolution.  <\/p>\n<p>There are quite a few useless and overlapping ETF&#8217;s out there and this industry is in need of a major shakeout, but every once in awhile a great ETF comes along and the <a href=\"http:\/\/www.ftportfolios.com\/retail\/etf\/etfsummary.aspx?Ticker=GRID\" target=\"_blank\">First Trust\/Clean Edge Smart Grid ETF (GRID)<\/a> is no exception.&nbsp; The ETF aims to track the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index and is a modified market cap weighted index which includes companies that are primarily engaged in all components of the smart grid &#8211; from the meters, to the network, to energy storage to software.&nbsp; <\/p>\n<p>The fund aims to focus primarily on smart grid plays by weighting those companies deemed as smart grid &#8220;pure plays&#8221; much more (80%) than big companies with a fraction of their business in the smart grid arena (weighted at 20%).&nbsp; For example, a company like Itron (ITRI) is going to comprise a much larger portion of the ETF than a GE would.&nbsp; <\/p>\n<p><strong><font size=\"3\">:: &gt;&gt; <a href=\"http:\/\/www.ino.com\/info\/196\/CD3587\/quotes.ino.com%252Fanalysis%252Ftrend%252F%3Fsymb=NASDAQ_GRID\" target=\"_blank\">Get More Analysis On the Smart Grid ETF (GRID) Here<\/a><\/font><\/strong> <\/p>\n<p>The ETF is comprised of 29 companies, but here are the top 10 holdings.&nbsp; Companies must have a minimum float adjusted market capitalization of $100 million and a 3 month avg daily dollar trading volume of $500K.  <\/p>\n<p><a href=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2009\/11\/smart_grid_etf_top_holdings_components.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-top-width: 0px; border-left-width: 0px; border-bottom-width: 0px; border-right-width: 0px\" height=\"216\" alt=\"smart_grid_etf_top_holdings_components\" src=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2009\/11\/smart_grid_etf_top_holdings_components_thumb.png\" width=\"334\" border=\"0\"><\/a>  <\/p>\n<p>Other smart grid plays included are AEIS, COMV, DGII, ESE, BGC, GE, ITLN, ITC, MTZ, PIKE, SATC, VMI, WCC, ABB, CBE, JST, TLVT, SI, NGG  <\/p>\n<p><p>Here&#8217;s a prospectus of the Smart Grid ETF (GRID) <\/p>\n<p> <object id=\"cnbcplayer\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=9,0,0,0\" height=\"380\" width=\"400\" classid=\"clsid:D27CDB6E-AE6D-11cf-96B8-444553540000\"><param name=\"_cx\" value=\"10583\"><param name=\"_cy\" value=\"10054\"><param name=\"FlashVars\" value=\"\"><param name=\"Movie\" value=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/1335048228\/code\/cnbcplayershare\"><param name=\"Src\" value=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/1335048228\/code\/cnbcplayershare\"><param name=\"WMode\" value=\"Transparent\"><param name=\"Play\" value=\"0\"><param name=\"Loop\" value=\"-1\"><param name=\"Quality\" value=\"High\"><param name=\"SAlign\" value=\"LT\"><param name=\"Menu\" value=\"0\"><param name=\"Base\" value=\"\"><param name=\"AllowScriptAccess\" value=\"always\"><param name=\"Scale\" value=\"NoScale\"><param name=\"DeviceFont\" value=\"0\"><param name=\"EmbedMovie\" value=\"0\"><param name=\"BGColor\" value=\"000000\"><param name=\"SWRemote\" value=\"\"><param name=\"MovieData\" value=\"\"><param name=\"SeamlessTabbing\" value=\"1\"><param name=\"Profile\" value=\"0\"><param name=\"ProfileAddress\" value=\"\"><param name=\"ProfilePort\" value=\"0\"><param name=\"AllowNetworking\" value=\"all\"><param name=\"AllowFullScreen\" value=\"true\"><embed name=\"cnbcplayer\" pluginspage=\"http:\/\/www.macromedia.com\/go\/getflashplayer\" allowfullscreen=\"true\" allowscriptaccess=\"always\" bgcolor=\"#000000\" height=\"380\" width=\"400\" quality=\"best\" wmode=\"transparent\" scale=\"noscale\" salign=\"lt\" src=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/1335048228\/code\/cnbcplayershare\" type=\"application\/x-shockwave-flash\" \/><\/object><\/p>\n<p>After just two days of trading, the Smart Grid ETF (GRID) offers plenty of liquidity, trading 200K shares today.&nbsp; I&#8217;d imagine liquidity will continue to improve rapidly in the coming months for you short term traders out there.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government is pouring billions into the technology.&nbsp; Cisco CEO John Chambers said it will be bigger than the internet.&nbsp; The opportunity for investors is indeed BIG and now there&#8217;s a diversified way to play &#8220;it&#8221; &#8211; the smart grid revolution. There are quite a few useless and overlapping ETF&#8217;s out there and this industry &hellip; <a href=\"https:\/\/selfinvestors.com\/tradingstocks\/alternative-energy\/smart-grid-etf-grid-begins-trading\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Smart Grid ETF (GRID) Begins Trading<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2488],"tags":[],"class_list":["post-1601","post","type-post","status-publish","format-standard","hentry","category-alternative-energy"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/1601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/comments?post=1601"}],"version-history":[{"count":0,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/1601\/revisions"}],"wp:attachment":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/media?parent=1601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/categories?post=1601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/tags?post=1601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}