iShares Global Clean Energy ETF $ICLN Stake Increased by Exchange Capital Management Inc.

Exchange Capital Management Inc. raised its stake in shares of iShares Global Clean Energy ETF (NASDAQ:ICLN) by 17.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 61,183 shares of the company’s stock after acquiring an additional 9,001 shares during the quarter. Exchange Capital Management Inc.’s holdings in iShares Global Clean Energy ETF were worth $802,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Stockman Wealth Management Inc. increased its position in shares of iShares Global Clean Energy ETF by 8.6% in the 1st quarter. Stockman Wealth Management Inc. now owns 11,285 shares of the company’s stock worth $129,000 after purchasing an additional 895 shares during the last quarter. Obermeyer Wealth Partners increased its holdings in iShares Global Clean Energy ETF by 4.8% in the first quarter. Obermeyer Wealth Partners now owns 20,420 shares of the company’s stock valued at $233,000 after buying an additional 941 shares during the last quarter. Sage Mountain Advisors LLC increased its holdings in iShares Global Clean Energy ETF by 61.9% in the first quarter. Sage Mountain Advisors LLC now owns 3,414 shares of the company’s stock valued at $39,000 after buying an additional 1,305 shares during the last quarter. Ferguson Wellman Capital Management Inc. raised its stake in iShares Global Clean Energy ETF by 9.6% during the first quarter. Ferguson Wellman Capital Management Inc. now owns 16,550 shares of the company’s stock valued at $189,000 after buying an additional 1,450 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its holdings in iShares Global Clean Energy ETF by 14.4% during the 1st quarter. Baird Financial Group Inc. now owns 11,507 shares of the company’s stock worth $131,000 after buying an additional 1,450 shares during the last quarter.

iShares Global Clean Energy ETF Trading Up 0.6%

Shares of ICLN opened at $15.98 on Friday. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of 17.16 and a beta of 1.09. The stock has a 50 day moving average of $14.47 and a 200-day moving average of $13.14. iShares Global Clean Energy ETF has a 52 week low of $10.46 and a 52 week high of $16.14.

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.