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

iShares Global Clean Energy ETF (NASDAQ:ICLN) was the recipient of unusually large options trading activity on Friday. Stock investors purchased 11,596 put options on the stock. This is an increase of approximately 136% compared to the typical volume of 4,908 put options.

Hedge Funds Weigh In On iShares Global Clean Energy ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ICLN. Sage Mountain Advisors LLC lifted its position in shares of iShares Global Clean Energy ETF by 1,628.7% in the second quarter. Sage Mountain Advisors LLC now owns 2,109 shares of the company’s stock valued at $28,000 after acquiring an additional 1,987 shares in the last quarter. Phillips Financial Management LLC acquired a new position in iShares Global Clean Energy ETF during the third quarter worth about $28,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares Global Clean Energy ETF during the 2nd quarter worth approximately $31,000. Headlands Technologies LLC acquired a new stake in shares of iShares Global Clean Energy ETF in the second quarter valued at approximately $31,000. Finally, Future Financial Wealth Managment LLC purchased a new position in iShares Global Clean Energy ETF during the third quarter worth approximately $31,000.

iShares Global Clean Energy ETF Price Performance

ICLN stock traded up $0.11 during midday trading on Friday, hitting $11.46. 1,640,454 shares of the stock traded hands, compared to its average volume of 3,302,005. iShares Global Clean Energy ETF has a 1-year low of $11.29 and a 1-year high of $15.81. The firm has a market cap of $1.68 billion, a P/E ratio of 14.91 and a beta of 1.09. The stock’s fifty day simple moving average is $12.56 and its 200-day simple moving average is $13.59.

iShares Global Clean Energy ETF Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th will be given a dividend of $0.1142 per share. The ex-dividend date of this dividend is Tuesday, December 17th.

iShares Global Clean Energy ETF Company Profile

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.