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

iShares Global Clean Energy ETF (NASDAQ:ICLN)’s stock price reached a new 52-week high on Monday . The company traded as high as $21.64 and last traded at $21.64, with a volume of 313303 shares. The stock had previously closed at $21.16.

iShares Global Clean Energy ETF Stock Up 4.1%

The stock’s 50 day moving average is $18.86 and its two-hundred day moving average is $17.89. The company has a market capitalization of $2.67 billion, a PE ratio of 17.16 and a beta of 1.04.

Institutional Trading of iShares Global Clean Energy ETF

A number of hedge funds have recently added to or reduced their stakes in ICLN. Nalls Sherbakoff Group LLC purchased a new stake in iShares Global Clean Energy ETF in the fourth quarter worth about $25,000. Bartlett & CO. Wealth Management LLC bought a new position in iShares Global Clean Energy ETF in the fourth quarter worth about $28,000. Triumph Capital Management acquired a new position in shares of iShares Global Clean Energy ETF during the third quarter valued at about $29,000. Richards Merrill & Peterson Inc. acquired a new position in shares of iShares Global Clean Energy ETF during the first quarter valued at about $31,000. Finally, Y.D. More Investments Ltd increased its holdings in shares of iShares Global Clean Energy ETF by 142.9% during the first quarter. Y.D. More Investments Ltd now owns 1,700 shares of the company’s stock valued at $31,000 after acquiring an additional 1,000 shares in the last quarter.

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. 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.