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 Tuesday. Traders acquired 17,503 call options on the stock. This is an increase of 299% compared to the average daily volume of 4,390 call options.

iShares Global Clean Energy ETF Stock Up 0.4 %

NASDAQ ICLN opened at $13.50 on Wednesday. iShares Global Clean Energy ETF has a 52 week low of $12.85 and a 52 week high of $15.81. The business has a 50 day moving average price of $13.94 and a 200-day moving average price of $14.01. The company has a market cap of $1.98 billion, a price-to-earnings ratio of 14.91 and a beta of 1.09.

Institutional Trading of iShares Global Clean Energy ETF

Hedge funds have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares Global Clean Energy ETF by 4.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 40,478 shares of the company’s stock valued at $566,000 after buying an additional 1,667 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in iShares Global Clean Energy ETF by 45.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 39,665 shares of the company’s stock valued at $555,000 after purchasing an additional 12,433 shares during the last quarter. Smithfield Trust Co increased its holdings in iShares Global Clean Energy ETF by 90.9% during the 1st quarter. Smithfield Trust Co now owns 34,912 shares of the company’s stock worth $487,000 after purchasing an additional 16,621 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new stake in shares of iShares Global Clean Energy ETF in the first quarter worth approximately $322,000. Finally, Abbrea Capital LLC lifted its holdings in shares of iShares Global Clean Energy ETF by 72.8% in the first quarter. Abbrea Capital LLC now owns 23,629 shares of the company’s stock valued at $330,000 after purchasing an additional 9,954 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.