iShares Global Clean Energy ETF Target of Unusually Large Options Trading (NASDAQ:ICLN)

iShares Global Clean Energy ETF (NASDAQ:ICLN) saw some unusual options trading on Tuesday. Traders bought 17,503 call options on the stock. This is an increase of 299% compared to the typical volume of 4,390 call options.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Total Wealth Planning LLC grew its position in iShares Global Clean Energy ETF by 1.5% in the third quarter. Total Wealth Planning LLC now owns 1,510,039 shares of the company’s stock worth $22,182,000 after buying an additional 21,656 shares during the last quarter. Perbak Capital Partners LLP acquired a new position in shares of iShares Global Clean Energy ETF in the 1st quarter worth $19,510,000. Raymond James Financial Services Advisors Inc. raised its position in shares of iShares Global Clean Energy ETF by 287.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,213,173 shares of the company’s stock worth $16,159,000 after purchasing an additional 899,946 shares during the period. 1832 Asset Management L.P. lifted its holdings in shares of iShares Global Clean Energy ETF by 3.6% during the second quarter. 1832 Asset Management L.P. now owns 1,059,546 shares of the company’s stock valued at $14,113,000 after purchasing an additional 37,080 shares during the last quarter. Finally, Canoe Financial LP acquired a new position in shares of iShares Global Clean Energy ETF in the 3rd quarter valued at $9,431,000.

iShares Global Clean Energy ETF Trading Down 1.1 %

NASDAQ:ICLN traded down $0.15 during mid-day trading on Tuesday, hitting $13.30. The stock had a trading volume of 1,564,665 shares, compared to its average volume of 3,127,446. The company has a 50 day simple moving average of $13.96 and a 200-day simple moving average of $14.01. The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of 14.91 and a beta of 1.09. iShares Global Clean Energy ETF has a 52 week low of $12.85 and a 52 week high of $15.81.

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.