Element Pointe Advisors LLC Lowers Position in iShares Global Clean Energy ETF $ICLN

Element Pointe Advisors LLC lessened its holdings in iShares Global Clean Energy ETF (NASDAQ:ICLN) by 78.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,777 shares of the company’s stock after selling 54,970 shares during the period. Element Pointe Advisors LLC’s holdings in iShares Global Clean Energy ETF were worth $194,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Geneos Wealth Management Inc. grew its stake in iShares Global Clean Energy ETF by 87.9% during the 2nd quarter. Geneos Wealth Management Inc. now owns 39,489 shares of the company’s stock worth $518,000 after purchasing an additional 18,477 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of iShares Global Clean Energy ETF by 56.1% in the 2nd quarter. Corient Private Wealth LLC now owns 54,276 shares of the company’s stock valued at $712,000 after purchasing an additional 19,498 shares in the last quarter. Benjamin Edwards Inc. boosted its position in shares of iShares Global Clean Energy ETF by 20.6% during the 2nd quarter. Benjamin Edwards Inc. now owns 20,841 shares of the company’s stock worth $273,000 after acquiring an additional 3,563 shares in the last quarter. Balanced Rock Investment Advisors LLC raised its holdings in iShares Global Clean Energy ETF by 9.2% during the second quarter. Balanced Rock Investment Advisors LLC now owns 47,640 shares of the company’s stock worth $625,000 after purchasing an additional 3,996 shares in the last quarter. Finally, Menora Mivtachim Holdings LTD. purchased a new stake in iShares Global Clean Energy ETF in the second quarter valued at $147,000.

iShares Global Clean Energy ETF Trading Down 2.6%

Shares of ICLN opened at $16.60 on Friday. The company’s 50 day simple moving average is $16.78 and its 200-day simple moving average is $14.90. iShares Global Clean Energy ETF has a 12-month low of $10.46 and a 12-month high of $18.20. The firm has a market cap of $1.87 billion, a PE ratio of 17.16 and a beta of 1.04.

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.