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

iShares Global Clean Energy ETF (NASDAQ:ICLN) saw some unusual options trading on Wednesday. Investors bought 2,875 put options on the company. This is an increase of 51% compared to the typical volume of 1,907 put options.

Institutional Trading of iShares Global Clean Energy ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Perbak Capital Partners LLP bought a new position in shares of iShares Global Clean Energy ETF in the first quarter worth about $19,510,000. 1832 Asset Management L.P. increased its position in shares of iShares Global Clean Energy ETF by 18,534.7% during the fourth quarter. 1832 Asset Management L.P. now owns 934,904 shares of the company’s stock worth $14,556,000 after acquiring an additional 929,887 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in iShares Global Clean Energy ETF by 287.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,213,173 shares of the company’s stock worth $16,159,000 after purchasing an additional 899,946 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in iShares Global Clean Energy ETF by 102.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,285,356 shares of the company’s stock worth $20,013,000 after purchasing an additional 649,413 shares during the period. Finally, Bank of Nova Scotia raised its position in iShares Global Clean Energy ETF by 40.1% during the 4th quarter. Bank of Nova Scotia now owns 1,271,933 shares of the company’s stock valued at $19,803,000 after purchasing an additional 364,260 shares in the last quarter.

iShares Global Clean Energy ETF Trading Down 0.1 %

Shares of NASDAQ:ICLN traded down $0.01 during trading on Wednesday, reaching $14.65. The company’s stock had a trading volume of 1,166,582 shares, compared to its average volume of 3,242,340. The stock has a market capitalization of $2.24 billion, a PE ratio of 14.91 and a beta of 1.09. iShares Global Clean Energy ETF has a 12 month low of $12.72 and a 12 month high of $15.81. The firm’s 50 day simple moving average is $14.07 and its two-hundred day simple moving average is $13.99.

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.