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

iShares Global Clean Energy ETF (NASDAQ:ICLN) was the recipient of unusually large options trading on Tuesday. Stock investors bought 17,503 call options on the company. This is an increase of 299% compared to the typical volume of 4,390 call options.

iShares Global Clean Energy ETF Trading Down 7.3 %

NASDAQ ICLN opened at $12.51 on Thursday. The business has a fifty day simple moving average of $13.91 and a 200 day simple moving average of $14.00. iShares Global Clean Energy ETF has a 12 month low of $12.27 and a 12 month high of $15.81. The firm has a market capitalization of $1.83 billion, a P/E ratio of 14.91 and a beta of 1.09.

Institutional Trading of iShares Global Clean Energy ETF

Several institutional investors and hedge funds have recently made changes to their positions in ICLN. Wealth Enhancement Advisory Services LLC boosted its position in iShares Global Clean Energy ETF by 4.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 40,478 shares of the company’s stock worth $566,000 after purchasing an additional 1,667 shares during the last quarter. Janney Montgomery Scott LLC grew its position in iShares Global Clean Energy ETF by 45.7% during the first quarter. Janney Montgomery Scott LLC now owns 39,665 shares of the company’s stock valued at $555,000 after buying an additional 12,433 shares during the period. Smithfield Trust Co increased its holdings in iShares Global Clean Energy ETF by 90.9% during the first quarter. Smithfield Trust Co now owns 34,912 shares of the company’s stock worth $487,000 after buying an additional 16,621 shares during the last quarter. Concurrent Investment Advisors LLC bought a new stake in iShares Global Clean Energy ETF in the first quarter worth about $322,000. Finally, Abbrea Capital LLC boosted its stake in iShares Global Clean Energy ETF by 72.8% in the first quarter. Abbrea Capital LLC now owns 23,629 shares of the company’s stock valued at $330,000 after acquiring an additional 9,954 shares during the last quarter.

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.