iShares Global Clean Energy ETF (NASDAQ:ICLN) Reaches New 1-Year High – Here’s Why

iShares Global Clean Energy ETF (NASDAQ:ICLN)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $17.72 and last traded at $17.60, with a volume of 6400652 shares traded. The stock had previously closed at $17.30.

iShares Global Clean Energy ETF Price Performance

The company has a fifty day moving average of $15.60 and a 200-day moving average of $13.95. The firm has a market cap of $1.99 billion, a P/E ratio of 17.16 and a beta of 1.04.

Institutional Investors Weigh In On iShares Global Clean Energy ETF

Several institutional investors have recently bought and sold shares of the stock. Annis Gardner Whiting Capital Advisors LLC grew its holdings in iShares Global Clean Energy ETF by 4.3% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 71,612 shares of the company’s stock worth $1,109,000 after buying an additional 2,985 shares in the last quarter. Florin Court Capital LLP grew its holdings in iShares Global Clean Energy ETF by 80.7% during the third quarter. Florin Court Capital LLP now owns 1,073,879 shares of the company’s stock worth $16,624,000 after buying an additional 479,600 shares in the last quarter. Cheviot Value Management LLC grew its holdings in iShares Global Clean Energy ETF by 12.9% during the third quarter. Cheviot Value Management LLC now owns 7,888 shares of the company’s stock worth $133,000 after buying an additional 899 shares in the last quarter. PFG Investments LLC boosted its position in iShares Global Clean Energy ETF by 4.1% in the third quarter. PFG Investments LLC now owns 139,288 shares of the company’s stock worth $2,156,000 after purchasing an additional 5,536 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd grew its stake in iShares Global Clean Energy ETF by 94.6% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 129,762 shares of the company’s stock valued at $2,009,000 after purchasing an additional 63,067 shares during the period.

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.