Investors Buy Large Volume of Call Options on iShares Global Clean Energy ETF (NASDAQ:ICLN)

iShares Global Clean Energy ETF (NASDAQ:ICLN) was the recipient of unusually large options trading on Thursday. Investors bought 17,299 call options on the company. This represents an increase of approximately 687% compared to the average volume of 2,199 call options.

Institutional Investors Weigh In On iShares Global Clean Energy ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Nalls Sherbakoff Group LLC purchased a new stake in shares of iShares Global Clean Energy ETF in the 4th quarter valued at approximately $25,000. Richards Merrill & Peterson Inc. purchased a new stake in shares of iShares Global Clean Energy ETF during the 1st quarter valued at approximately $31,000. Y.D. More Investments Ltd raised its position in shares of iShares Global Clean Energy ETF by 142.9% during the 1st quarter. Y.D. More Investments Ltd now owns 1,700 shares of the company’s stock valued at $31,000 after buying an additional 1,000 shares during the period. Boreal Capital Management LLC acquired a new position in iShares Global Clean Energy ETF in the first quarter valued at approximately $31,000. Finally, Bartlett & CO. Wealth Management LLC purchased a new position in iShares Global Clean Energy ETF in the fourth quarter worth approximately $28,000.

iShares Global Clean Energy ETF Stock Down 0.9%

Shares of NASDAQ:ICLN opened at $18.37 on Friday. iShares Global Clean Energy ETF has a 52-week low of $13.36 and a 52-week high of $23.78. The stock has a market cap of $2.42 billion, a P/E ratio of 17.16 and a beta of 1.09. The business has a fifty day moving average of $20.67 and a two-hundred day moving average of $19.42.

iShares Global Clean Energy ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.0561 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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. The Fund operates in a range of sectors, which include electric utilities, semiconductors and semiconductor equipment, independent power producers and energy traders, commercial services and supplies, and electrical equipment.