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

iShares Global Clean Energy ETF (NASDAQ:ICLN) was the recipient of some unusual options trading activity on Wednesday. Stock traders bought 14,950 put options on the stock. This represents an increase of 492% compared to the typical daily volume of 2,526 put options.

iShares Global Clean Energy ETF Price Performance

NASDAQ:ICLN opened at $13.09 on Thursday. iShares Global Clean Energy ETF has a one year low of $12.72 and a one year high of $15.81. The company has a market cap of $1.97 billion, a P/E ratio of 14.91 and a beta of 1.09. The firm’s fifty day moving average price is $14.13 and its two-hundred day moving average price is $14.02.

Institutional Investors Weigh In On iShares Global Clean Energy ETF

A number of institutional investors have recently modified their holdings of ICLN. Perbak Capital Partners LLP bought a new stake in shares of iShares Global Clean Energy ETF in the first quarter valued at about $19,510,000. Raymond James Financial Services Advisors Inc. lifted its position in iShares Global Clean Energy ETF by 287.3% during 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 during the period. Goldman Sachs Group Inc. lifted its position in iShares Global Clean Energy ETF by 102.1% during the fourth 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. Cetera Investment Advisers lifted its position in iShares Global Clean Energy ETF by 497.5% during the first quarter. Cetera Investment Advisers now owns 344,347 shares of the company’s stock worth $4,814,000 after purchasing an additional 286,719 shares during the period. Finally, OLD Mission Capital LLC lifted its position in iShares Global Clean Energy ETF by 586.9% during the first quarter. OLD Mission Capital LLC now owns 318,155 shares of the company’s stock worth $4,448,000 after purchasing an additional 271,836 shares during the period.

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.