Archer Investment Management LLC Buys Shares of 38,094 iShares Global Clean Energy ETF $ICLN

Archer Investment Management LLC purchased a new stake in iShares Global Clean Energy ETF (NASDAQ:ICLN) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 38,094 shares of the company’s stock, valued at approximately $590,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Florin Court Capital LLP acquired a new stake in iShares Global Clean Energy ETF in the 2nd quarter valued at about $7,791,000. Caption Management LLC purchased a new stake in shares of iShares Global Clean Energy ETF in the first quarter valued at about $6,350,000. JPMorgan Chase & Co. grew its position in shares of iShares Global Clean Energy ETF by 51.5% in the second quarter. JPMorgan Chase & Co. now owns 1,108,613 shares of the company’s stock valued at $14,534,000 after purchasing an additional 377,004 shares during the last quarter. Sagespring Wealth Partners LLC grew its position in shares of iShares Global Clean Energy ETF by 32.5% in the second quarter. Sagespring Wealth Partners LLC now owns 524,379 shares of the company’s stock valued at $6,875,000 after purchasing an additional 128,505 shares during the last quarter. Finally, FSA Wealth Partners Inc. purchased a new position in shares of iShares Global Clean Energy ETF during the 2nd quarter worth approximately $1,657,000.

iShares Global Clean Energy ETF Price Performance

Shares of iShares Global Clean Energy ETF stock opened at $16.18 on Friday. iShares Global Clean Energy ETF has a 1 year low of $10.46 and a 1 year high of $18.20. The business has a 50 day moving average price of $16.79 and a 200 day moving average price of $14.98. The company has a market capitalization of $1.83 billion, a P/E ratio of 17.16 and a beta of 1.04.

iShares Global Clean Energy ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th will be given a $0.1282 dividend. This represents a dividend yield of 157.0%. The ex-dividend date is Tuesday, December 16th.

iShares Global Clean Energy ETF Company 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.