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. Investors purchased 17,503 call options on the stock. This represents an increase of 299% compared to the typical volume of 4,390 call options.

Institutional Investors Weigh In On iShares Global Clean Energy ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sage Mountain Advisors LLC increased its holdings in shares of iShares Global Clean Energy ETF by 1,628.7% during the 2nd quarter. Sage Mountain Advisors LLC now owns 2,109 shares of the company’s stock worth $28,000 after buying an additional 1,987 shares during the last quarter. Olistico Wealth LLC acquired a new stake in iShares Global Clean Energy ETF during the second quarter worth $31,000. Ashton Thomas Private Wealth LLC acquired a new stake in iShares Global Clean Energy ETF during the second quarter worth $31,000. Headlands Technologies LLC purchased a new stake in iShares Global Clean Energy ETF in the second quarter valued at $31,000. Finally, Future Financial Wealth Managment LLC acquired a new position in shares of iShares Global Clean Energy ETF in the 3rd quarter valued at $31,000.

iShares Global Clean Energy ETF Stock Performance

NASDAQ ICLN traded down $0.15 during mid-day trading on Tuesday, reaching $13.30. 1,564,665 shares of the stock were exchanged, compared to its average volume of 3,127,446. The business’s 50 day moving average is $13.96 and its 200-day moving average is $14.01. The company has a market capitalization of $1.95 billion, a P/E ratio of 14.91 and a beta of 1.09. iShares Global Clean Energy ETF has a 1 year low of $12.85 and a 1 year high of $15.81.

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.