iShares Global Clean Energy ETF (NASDAQ:ICLN) Hits New 52-Week High – Here’s What Happened

iShares Global Clean Energy ETF (NASDAQ:ICLN) shares reached a new 52-week high on Tuesday . The company traded as high as $19.38 and last traded at $19.3150, with a volume of 1937224 shares trading hands. The stock had previously closed at $18.98.

iShares Global Clean Energy ETF Stock Performance

The business’s fifty day simple moving average is $17.70 and its 200 day simple moving average is $16.49. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 17.16 and a beta of 1.04.

iShares Global Clean Energy ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a $0.1282 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 157.0%.

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 business. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of iShares Global Clean Energy ETF during the fourth quarter worth approximately $28,000. Triumph Capital Management acquired a new position in iShares Global Clean Energy ETF during the 3rd quarter worth $29,000. Elevation Point Wealth Partners LLC acquired a new position in iShares Global Clean Energy ETF during the 2nd quarter worth $30,000. Manchester Capital Management LLC bought a new stake in shares of iShares Global Clean Energy ETF in the 4th quarter worth about $33,000. Finally, PFS Partners LLC raised its stake in shares of iShares Global Clean Energy ETF by 545.9% in the 4th quarter. PFS Partners LLC now owns 2,041 shares of the company’s stock valued at $34,000 after purchasing an additional 1,725 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.