iShares Global Clean Energy ETF (NASDAQ:ICLN) Hits New 1-Year Low – Here’s What Happened
by Kim Johansen · The Markets DailyiShares Global Clean Energy ETF (NASDAQ:ICLN – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $11.37 and last traded at $11.39, with a volume of 5500031 shares trading hands. The stock had previously closed at $11.76.
iShares Global Clean Energy ETF Trading Up 1.5 %
The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of 14.91 and a beta of 1.09. The company’s 50 day simple moving average is $12.52 and its 200-day simple moving average is $13.57.
iShares Global Clean Energy ETF Announces Dividend
The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $0.1142 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Sage Mountain Advisors LLC grew its position in shares of iShares Global Clean Energy ETF by 1,628.7% in the second quarter. Sage Mountain Advisors LLC now owns 2,109 shares of the company’s stock valued at $28,000 after purchasing an additional 1,987 shares during the period. Phillips Financial Management LLC purchased a new stake in iShares Global Clean Energy ETF in the 3rd quarter valued at about $28,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares Global Clean Energy ETF during the 2nd quarter valued at about $31,000. Headlands Technologies LLC purchased a new position in shares of iShares Global Clean Energy ETF during the 2nd quarter worth about $31,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in shares of iShares Global Clean Energy ETF in the third quarter worth approximately $31,000.
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.
Featured Articles
- Five stocks we like better than iShares Global Clean Energy ETF
- 10 Best Airline Stocks to Buy
- Opal Fuels CEO on Steering the Future of Renewable Natural Gas
- Why Invest in High-Yield Dividend Stocks?
- MicroStrategy Joins Nasdaq-100: 2 Crypto Stocks Set to Win
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- 2 Underrated Quantum Computing Companies Starting to Rally