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

iShares Global Clean Energy ETF (NASDAQ:ICLN) was the target of some unusual options trading on Wednesday. Traders acquired 21,044 put options on the stock. This is an increase of 457% compared to the average volume of 3,778 put options.

iShares Global Clean Energy ETF Stock Performance

iShares Global Clean Energy ETF stock opened at $15.55 on Thursday. The stock’s 50 day simple moving average is $17.37 and its two-hundred day simple moving average is $18.35. The stock has a market cap of $3.48 billion, a price-to-earnings ratio of 35.10 and a beta of 1.09. iShares Global Clean Energy ETF has a fifty-two week low of $15.51 and a fifty-two week high of $23.10.

Institutional Trading of iShares Global Clean Energy ETF

Several large investors have recently bought and sold shares of the company. Citizens Financial Group Inc RI boosted its position in iShares Global Clean Energy ETF by 2.9% during the 4th quarter. Citizens Financial Group Inc RI now owns 18,930 shares of the company’s stock valued at $376,000 after acquiring an additional 537 shares in the last quarter. Smith Moore & CO. boosted its position in shares of iShares Global Clean Energy ETF by 4.5% in the 4th quarter. Smith Moore & CO. now owns 12,707 shares of the company’s stock worth $252,000 after purchasing an additional 542 shares in the last quarter. Fifth Third Bancorp boosted its position in shares of iShares Global Clean Energy ETF by 3.3% in the 1st quarter. Fifth Third Bancorp now owns 18,731 shares of the company’s stock worth $370,000 after purchasing an additional 600 shares in the last quarter. Integrated Advisors Network LLC boosted its position in shares of iShares Global Clean Energy ETF by 4.3% in the 1st quarter. Integrated Advisors Network LLC now owns 15,770 shares of the company’s stock worth $312,000 after purchasing an additional 646 shares in the last quarter. Finally, Great Diamond Partners LLC boosted its position in shares of iShares Global Clean Energy ETF by 4.0% in the 1st quarter. Great Diamond Partners LLC now owns 17,047 shares of the company’s stock worth $337,000 after purchasing an additional 657 shares in the last quarter.

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.