iShares Global Clean Energy ETF Target of Unusually High Options Trading (NASDAQ:ICLN)

iShares Global Clean Energy ETF (NASDAQ:ICLN) was the recipient of some unusual options trading activity on Thursday. Traders acquired 17,299 call options on the stock. This is an increase of 687% compared to the average daily volume of 2,199 call options.

Institutional Investors Weigh In On iShares Global Clean Energy ETF

A number of hedge funds have recently added to or reduced their stakes in ICLN. Nalls Sherbakoff Group LLC bought a new position in shares of iShares Global Clean Energy ETF in the fourth quarter valued at $25,000. Bartlett & CO. Wealth Management LLC purchased a new position in shares of iShares Global Clean Energy ETF during the fourth quarter valued at approximately $28,000. Triumph Capital Management bought a new stake in iShares Global Clean Energy ETF during the third quarter worth $29,000. Richards Merrill & Peterson Inc. purchased a new stake in iShares Global Clean Energy ETF in the 1st quarter valued at $31,000. Finally, Y.D. More Investments Ltd raised its position in iShares Global Clean Energy ETF by 142.9% in the 1st quarter. Y.D. More Investments Ltd now owns 1,700 shares of the company’s stock valued at $31,000 after buying an additional 1,000 shares during the last quarter.

iShares Global Clean Energy ETF Price Performance

ICLN stock opened at $17.78 on Friday. The stock has a market capitalization of $2.34 billion, a PE ratio of 17.16 and a beta of 1.09. The company’s 50-day moving average is $20.59 and its 200-day moving average is $19.41. iShares Global Clean Energy ETF has a 1 year low of $13.36 and a 1 year high of $23.78.

iShares Global Clean Energy ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $0.0561 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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.