iShares Global Clean Energy ETF Sees Unusually High Options Volume (NASDAQ:ICLN)

iShares Global Clean Energy ETF (NASDAQ:ICLN) was the target of unusually large options trading on Wednesday. Investors acquired 30,462 call options on the stock. This represents an increase of 1,864% compared to the average daily volume of 1,551 call options.

iShares Global Clean Energy ETF Price Performance

NASDAQ:ICLN traded down $0.31 during trading hours on Wednesday, hitting $20.18. The company’s stock had a trading volume of 6,278,739 shares, compared to its average volume of 5,780,455. iShares Global Clean Energy ETF has a twelve month low of $13.27 and a twelve month high of $23.78. The stock has a fifty day simple moving average of $21.23 and a 200-day simple moving average of $19.12. The company has a market capitalization of $2.44 billion, a P/E ratio of 17.16 and a beta of 1.07.

iShares Global Clean Energy ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.0561 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Investors Weigh In On iShares Global Clean Energy ETF

A number of hedge funds have recently made changes to their positions in ICLN. Nalls Sherbakoff Group LLC bought a new stake in shares of iShares Global Clean Energy ETF during the 4th quarter valued at approximately $25,000. Richards Merrill & Peterson Inc. acquired a new position in iShares Global Clean Energy ETF during the 1st quarter worth approximately $31,000. Y.D. More Investments Ltd lifted its stake in iShares Global Clean Energy ETF by 142.9% in the 1st quarter. Y.D. More Investments Ltd now owns 1,700 shares of the company’s stock valued at $31,000 after purchasing an additional 1,000 shares during the last quarter. Boreal Capital Management LLC bought a new position in iShares Global Clean Energy ETF in the 1st quarter valued at approximately $31,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new stake in iShares Global Clean Energy ETF in the fourth quarter valued at approximately $28,000.

About iShares Global Clean Energy ETF

iShares Global Clean Energy ETF, formerly iShares S&P Global Clean Energy Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global Clean Energy Index. The S&P Global Clean Energy Index includes clean energy production companies, clean energy equipment and technology providers. The Fund operates in a range of sectors, which include electric utilities, semiconductors and semiconductor equipment, independent power producers and energy traders, commercial services and supplies, and electrical equipment.