Traders 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 Friday. Stock investors bought 7,044 call options on the company. This represents an increase of 393% compared to the average daily volume of 1,430 call options.

iShares Global Clean Energy ETF Stock Up 0.9%

NASDAQ ICLN traded up $0.18 during trading hours on Friday, hitting $20.92. The company had a trading volume of 3,467,084 shares, compared to its average volume of 5,785,396. The firm has a market cap of $2.53 billion, a P/E ratio of 17.16 and a beta of 1.07. iShares Global Clean Energy ETF has a fifty-two week low of $12.55 and a fifty-two week high of $23.78. The business has a fifty day simple moving average of $20.78 and a 200-day simple moving average of $18.78.

Institutional Trading of iShares Global Clean Energy ETF

A number of large investors have recently modified their holdings of ICLN. Nalls Sherbakoff Group LLC bought a new position in iShares Global Clean Energy ETF in the 4th quarter worth about $25,000. Bartlett & CO. Wealth Management LLC bought a new stake in shares of iShares Global Clean Energy ETF during the fourth quarter valued at approximately $28,000. Triumph Capital Management acquired a new position in shares of iShares Global Clean Energy ETF during the third quarter worth approximately $29,000. Richards Merrill & Peterson Inc. acquired a new position in shares of iShares Global Clean Energy ETF during the first quarter worth approximately $31,000. Finally, Y.D. More Investments Ltd grew its holdings in iShares Global Clean Energy ETF by 142.9% in the 1st quarter. Y.D. More Investments Ltd now owns 1,700 shares of the company’s stock worth $31,000 after buying an additional 1,000 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. 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.