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

Shares of iShares Global Clean Energy ETF (NASDAQ:ICLN) hit a new 52-week low on Tuesday . The stock traded as low as $12.17 and last traded at $12.19, with a volume of 42078 shares trading hands. The stock had previously closed at $12.33.

iShares Global Clean Energy ETF Price Performance

The stock has a market cap of $1.75 billion, a PE ratio of 14.91 and a beta of 1.09. The business has a 50 day moving average price of $13.80 and a two-hundred day moving average price of $13.99.

Institutional Trading of iShares Global Clean Energy ETF

Institutional investors have recently modified their holdings of the company. Janney Montgomery Scott LLC raised its position in iShares Global Clean Energy ETF by 45.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 39,665 shares of the company’s stock valued at $555,000 after purchasing an additional 12,433 shares during the last quarter. Penobscot Wealth Management raised its holdings in shares of iShares Global Clean Energy ETF by 4.4% during the second quarter. Penobscot Wealth Management now owns 126,665 shares of the company’s stock valued at $1,724,000 after acquiring an additional 5,308 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in iShares Global Clean Energy ETF by 57.7% in the second quarter. Farther Finance Advisors LLC now owns 24,055 shares of the company’s stock worth $320,000 after acquiring an additional 8,803 shares during the period. Jane Street Group LLC boosted its holdings in iShares Global Clean Energy ETF by 54.2% in the first quarter. Jane Street Group LLC now owns 644,950 shares of the company’s stock valued at $9,016,000 after acquiring an additional 226,758 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in iShares Global Clean Energy ETF during the 1st quarter valued at $267,000.

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.