Envestnet Asset Management Inc. Reduces Position in iShares Global Clean Energy ETF (NASDAQ:ICLN)

Envestnet Asset Management Inc. lowered its holdings in iShares Global Clean Energy ETF (NASDAQ:ICLN) by 37.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 360,100 shares of the company’s stock after selling 215,280 shares during the period. Envestnet Asset Management Inc. owned about 0.29% of iShares Global Clean Energy ETF worth $4,098,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. HM Payson & Co. boosted its stake in shares of iShares Global Clean Energy ETF by 59.1% during the 4th quarter. HM Payson & Co. now owns 3,500 shares of the company’s stock valued at $40,000 after buying an additional 1,300 shares during the last quarter. Stonebridge Financial Group LLC bought a new position in iShares Global Clean Energy ETF during the 4th quarter valued at $43,000. Centricity Wealth Management LLC acquired a new position in iShares Global Clean Energy ETF during the 4th quarter worth $47,000. Wingate Wealth Advisors Inc. bought a new stake in shares of iShares Global Clean Energy ETF in the 4th quarter worth about $59,000. Finally, Ameliora Wealth Management Ltd. bought a new stake in shares of iShares Global Clean Energy ETF in the 4th quarter worth about $85,000.

iShares Global Clean Energy ETF Stock Performance

Shares of ICLN stock opened at $11.50 on Thursday. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 14.06 and a beta of 1.09. iShares Global Clean Energy ETF has a one year low of $10.46 and a one year high of $15.25. The company’s 50-day simple moving average is $11.39 and its 200-day simple moving average is $11.86.

iShares Global Clean Energy ETF Profile

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.