Baker Avenue Asset Management LP Has $3.28 Million Holdings in iShares Global Clean Energy ETF $ICLN

Baker Avenue Asset Management LP lifted its holdings in shares of iShares Global Clean Energy ETF (NASDAQ:ICLN) by 576.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 199,652 shares of the company’s stock after purchasing an additional 170,124 shares during the quarter. Baker Avenue Asset Management LP owned 0.17% of iShares Global Clean Energy ETF worth $3,280,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cardinal Point Capital Management ULC grew its stake in iShares Global Clean Energy ETF by 1.4% during the fourth quarter. Cardinal Point Capital Management ULC now owns 50,061 shares of the company’s stock worth $822,000 after buying an additional 696 shares in the last quarter. FWL Investment Management LLC lifted its holdings in shares of iShares Global Clean Energy ETF by 26.8% during the 3rd quarter. FWL Investment Management LLC now owns 3,310 shares of the company’s stock worth $51,000 after acquiring an additional 700 shares during the period. Palisades Hudson Asset Management L.P. boosted its position in shares of iShares Global Clean Energy ETF by 2.4% during the 3rd quarter. Palisades Hudson Asset Management L.P. now owns 32,055 shares of the company’s stock worth $496,000 after acquiring an additional 757 shares in the last quarter. First Pacific Financial boosted its position in shares of iShares Global Clean Energy ETF by 25.0% during the 4th quarter. First Pacific Financial now owns 3,823 shares of the company’s stock worth $63,000 after acquiring an additional 764 shares in the last quarter. Finally, American Financial & Tax Strategies Inc. increased its stake in iShares Global Clean Energy ETF by 5.8% in the fourth quarter. American Financial & Tax Strategies Inc. now owns 15,583 shares of the company’s stock valued at $256,000 after acquiring an additional 849 shares during the last quarter.

iShares Global Clean Energy ETF Price Performance

Shares of ICLN opened at $23.40 on Friday. The firm has a 50 day simple moving average of $19.98 and a two-hundred day simple moving average of $18.41. iShares Global Clean Energy ETF has a one year low of $12.47 and a one year high of $23.65. The company has a market cap of $2.83 billion, a P/E ratio of 17.16 and a beta of 1.04.

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. The Fund operates in a range of sectors, which include electric utilities, semiconductors and semiconductor equipment, independent power producers and energy traders, commercial services and supplies, and electrical equipment.