iShares Global Clean Energy ETF (NASDAQ:ICLN) Sees Strong Trading Volume

iShares Global Clean Energy ETF (NASDAQ:ICLN – Get Rating) shares saw strong trading volume on Friday . 1,210,914 shares were traded during mid-day trading, a decline of 62% from the previous session’s volume of 3,201,443 shares.The stock last traded at $19.14 and had previously closed at $18.50.

iShares Global Clean Energy ETF Stock Performance

The business has a 50 day moving average of $19.28 and a two-hundred day moving average of $19.47. The firm has a market capitalization of $4.66 billion, a price-to-earnings ratio of 35.10 and a beta of 1.09.

Institutional Trading of iShares Global Clean Energy ETF

Several institutional investors and hedge funds have recently modified their holdings of ICLN. Cibc World Market Inc. lifted its position in shares of iShares Global Clean Energy ETF by 31.0% during the first quarter. Cibc World Market Inc. now owns 49,636 shares of the company’s stock worth $1,068,000 after acquiring an additional 11,760 shares in the last quarter. Blair William & Co. IL grew its stake in shares of iShares Global Clean Energy ETF by 0.4% during the first quarter. Blair William & Co. IL now owns 182,287 shares of the company’s stock valued at $3,923,000 after buying an additional 733 shares during the last quarter. Allianz Asset Management GmbH grew its stake in shares of iShares Global Clean Energy ETF by 182.8% in the first quarter. Allianz Asset Management GmbH now owns 40,000 shares of the company’s stock worth $863,000 after purchasing an additional 25,855 shares during the last quarter. Equitable Holdings Inc. grew its stake in shares of iShares Global Clean Energy ETF by 20.1% in the first quarter. Equitable Holdings Inc. now owns 86,825 shares of the company’s stock worth $1,868,000 after purchasing an additional 14,549 shares during the last quarter. Finally, Mariner LLC grew its stake in shares of iShares Global Clean Energy ETF by 5.4% in the first quarter. Mariner LLC now owns 201,576 shares of the company’s stock worth $4,338,000 after purchasing an additional 10,414 shares during the last quarter.

iShares Global Clean Energy ETF Company Profile

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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.