iShares Global Clean Energy ETF (NASDAQ:ICLN) Reaches New 1-Year Low – What’s Next?

iShares Global Clean Energy ETF (NASDAQ:ICLN)’s stock price hit 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 changing hands. The stock had previously closed at $11.76.

iShares Global Clean Energy ETF Stock Performance

The firm has a market capitalization of $1.67 billion, a PE ratio of 14.91 and a beta of 1.09. The stock has a fifty day moving average price of $12.66 and a 200-day moving average price of $13.62.

iShares Global Clean Energy ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th will be paid a $0.1142 dividend. The ex-dividend date is Tuesday, December 17th.

Institutional Trading of iShares Global Clean Energy ETF

Hedge funds have recently modified their holdings of the company. Phillips Financial Management LLC purchased a new position in shares of iShares Global Clean Energy ETF in the 3rd quarter worth approximately $28,000. Future Financial Wealth Managment LLC purchased a new stake in iShares Global Clean Energy ETF during the third quarter valued at approximately $31,000. Sage Mountain Advisors LLC boosted its stake in 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 acquiring an additional 1,987 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in iShares Global Clean Energy ETF in the second quarter worth $31,000. Finally, Headlands Technologies LLC acquired a new position in shares of iShares Global Clean Energy ETF during the second quarter worth $31,000.

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.