Cidel Asset Management Inc. Acquires Shares of 125,000 iShares Global Clean Energy ETF $ICLN

Cidel Asset Management Inc. acquired a new position in shares of iShares Global Clean Energy ETF (NASDAQ:ICLN) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 125,000 shares of the company’s stock, valued at approximately $2,561,000. Cidel Asset Management Inc. owned about 0.10% of iShares Global Clean Energy ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in ICLN. Nalls Sherbakoff Group LLC purchased a new stake in shares of iShares Global Clean Energy ETF in the 4th quarter valued at about $25,000. Richards Merrill & Peterson Inc. acquired a new stake in shares of iShares Global Clean Energy ETF in the 1st quarter valued at about $31,000. Y.D. More Investments Ltd grew its stake in iShares Global Clean Energy ETF by 142.9% during 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 during the last quarter. Boreal Capital Management LLC purchased a new position in iShares Global Clean Energy ETF during the 1st quarter worth approximately $31,000. Finally, Advisors Preferred LLC acquired a new position in iShares Global Clean Energy ETF during the first quarter worth approximately $34,000.

iShares Global Clean Energy ETF Trading Up 3.0%

Shares of NASDAQ ICLN opened at $18.31 on Wednesday. iShares Global Clean Energy ETF has a twelve month low of $14.33 and a twelve month high of $23.78. The stock has a 50 day moving average of $18.22 and a two-hundred day moving average of $19.35. The stock has a market cap of $2.40 billion, a P/E ratio of 17.16 and a beta of 1.10.

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.