Royal Bank of Canada Lowers Holdings in iShares Global Clean Energy ETF $ICLN

Royal Bank of Canada trimmed its stake in iShares Global Clean Energy ETF (NASDAQ:ICLN) by 7.5% during the 1st quarter, HoldingsChannel reports. The fund owned 479,225 shares of the company’s stock after selling 39,070 shares during the quarter. Royal Bank of Canada’s holdings in iShares Global Clean Energy ETF were worth $8,765,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of ICLN. Baird Financial Group Inc. boosted its stake in iShares Global Clean Energy ETF by 14.4% in the 1st quarter. Baird Financial Group Inc. now owns 11,507 shares of the company’s stock worth $131,000 after purchasing an additional 1,450 shares in the last quarter. Focus Partners Wealth grew its position in iShares Global Clean Energy ETF by 51.7% during the 1st quarter. Focus Partners Wealth now owns 75,516 shares of the company’s stock valued at $862,000 after purchasing an additional 25,728 shares during the last quarter. Benjamin Edwards Inc. grew its position in iShares Global Clean Energy ETF by 20.6% during the 2nd quarter. Benjamin Edwards Inc. now owns 20,841 shares of the company’s stock valued at $273,000 after purchasing an additional 3,563 shares during the last quarter. Corient Private Wealth LLC increased its stake in iShares Global Clean Energy ETF by 56.1% during the 2nd quarter. Corient Private Wealth LLC now owns 54,276 shares of the company’s stock valued at $712,000 after purchasing an additional 19,498 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in iShares Global Clean Energy ETF by 87.9% during the 2nd quarter. Geneos Wealth Management Inc. now owns 39,489 shares of the company’s stock valued at $518,000 after purchasing an additional 18,477 shares in the last quarter.

iShares Global Clean Energy ETF Stock Performance

Shares of iShares Global Clean Energy ETF stock opened at $18.30 on Monday. The company has a 50-day simple moving average of $19.67 and a two-hundred day simple moving average of $19.46. The stock has a market capitalization of $2.40 billion, a PE ratio of 17.16 and a beta of 1.11. iShares Global Clean Energy ETF has a 52-week low of $13.51 and a 52-week high of $23.78.

iShares Global Clean Energy ETF Announces Dividend

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

iShares Global Clean Energy ETF 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.