Stock Traders Buy High Volume of iShares Global Clean Energy ETF Call Options (NASDAQ:ICLN)

iShares Global Clean Energy ETF (NASDAQ:ICLN) was the target of some unusual options trading activity on Wednesday. Stock traders purchased 30,462 call options on the company. This represents an increase of approximately 1,864% compared to the average volume of 1,551 call options.

iShares Global Clean Energy ETF Stock Performance

iShares Global Clean Energy ETF stock remained flat at $19.67 during midday trading on Friday. 4,388,893 shares of the company were exchanged, compared to its average volume of 5,769,318. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of 17.16 and a beta of 1.09. iShares Global Clean Energy ETF has a 1 year low of $13.33 and a 1 year high of $23.78. The firm has a fifty day moving average of $21.25 and a two-hundred day moving average of $19.17.

iShares Global Clean Energy ETF Dividend Announcement

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

Institutional Investors Weigh In On iShares Global Clean Energy ETF

Several institutional investors have recently made changes to their positions in ICLN. Baird Financial Group Inc. increased its stake in shares of iShares Global Clean Energy ETF by 14.4% during 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 during the last quarter. Focus Partners Wealth lifted its stake in shares of iShares Global Clean Energy ETF by 51.7% in 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. boosted its holdings in iShares Global Clean Energy ETF by 20.6% in the second quarter. Benjamin Edwards Inc. now owns 20,841 shares of the company’s stock worth $273,000 after purchasing an additional 3,563 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in iShares Global Clean Energy ETF by 56.1% in the second quarter. Corient Private Wealth LLC now owns 54,276 shares of the company’s stock worth $712,000 after purchasing an additional 19,498 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its position in iShares Global Clean Energy ETF by 87.9% during the second quarter. Geneos Wealth Management Inc. now owns 39,489 shares of the company’s stock worth $518,000 after buying an additional 18,477 shares during 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.