iShares Global Clean Energy ETF (NASDAQ:ICLN) Sets New 52-Week Low – What’s Next?

iShares Global Clean Energy ETF (NASDAQ:ICLN) hit a new 52-week low during trading on Friday . The company traded as low as $11.28 and last traded at $11.28, with a volume of 4485 shares trading hands. The stock had previously closed at $11.53.

iShares Global Clean Energy ETF Stock Performance

The firm has a 50 day moving average price of $12.07 and a two-hundred day moving average price of $13.29. The company has a market cap of $1.40 billion, a P/E ratio of 14.91 and a beta of 1.09.

iShares Global Clean Energy ETF Dividend Announcement

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

Institutional Trading of iShares Global Clean Energy ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Canoe Financial LP purchased a new position in shares of iShares Global Clean Energy ETF during the 3rd quarter valued at $9,431,000. Florin Court Capital LLP bought a new position in shares of iShares Global Clean Energy ETF in the third quarter worth approximately $6,201,000. Erste Asset Management GmbH bought a new stake in iShares Global Clean Energy ETF during the third quarter valued at approximately $4,407,000. International Assets Investment Management LLC raised its position in shares of iShares Global Clean Energy ETF by 1,364.5% during the 3rd quarter. International Assets Investment Management LLC now owns 238,021 shares of the company’s stock valued at $3,497,000 after buying an additional 221,768 shares in the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of iShares Global Clean Energy ETF by 148.7% during the 2nd quarter. Millennium Management LLC now owns 276,747 shares of the company’s stock worth $3,686,000 after acquiring an additional 165,462 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.