iShares Global Clean Energy ETF (NASDAQ:ICLN) Reaches New 12-Month Low – Here’s What Happened

iShares Global Clean Energy ETF (NASDAQ:ICLN)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $11.03 and last traded at $11.04, with a volume of 2753834 shares traded. The stock had previously closed at $11.33.

iShares Global Clean Energy ETF Trading Down 0.2 %

The firm has a 50 day moving average price of $11.76 and a 200-day moving average price of $13.10. The firm has a market cap of $1.39 billion, a PE ratio of 14.91 and a beta of 1.09.

iShares Global Clean Energy ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.1142 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of ICLN. Nvest Financial LLC purchased a new stake in iShares Global Clean Energy ETF in the 4th quarter valued at $240,000. Charter Oak Capital Management LLC raised its holdings in shares of iShares Global Clean Energy ETF by 53.4% in the fourth quarter. Charter Oak Capital Management LLC now owns 22,825 shares of the company’s stock valued at $260,000 after buying an additional 7,950 shares during the last quarter. PFG Investments LLC raised its holdings in shares of iShares Global Clean Energy ETF by 81.1% in the fourth quarter. PFG Investments LLC now owns 56,477 shares of the company’s stock valued at $643,000 after buying an additional 25,293 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of iShares Global Clean Energy ETF by 1.0% during the fourth quarter. SG Americas Securities LLC now owns 175,094 shares of the company’s stock worth $1,993,000 after buying an additional 1,684 shares during the period. Finally, Pure Financial Advisors LLC grew its holdings in shares of iShares Global Clean Energy ETF by 29.5% during the fourth quarter. Pure Financial Advisors LLC now owns 216,880 shares of the company’s stock worth $2,468,000 after buying an additional 49,350 shares during the last quarter.

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.