Stock Traders Purchase Large Volume of Call Options on iShares Global Clean Energy ETF (NASDAQ:ICLN)

iShares Global Clean Energy ETF (NASDAQ:ICLN) was the recipient of some unusual options trading activity on Thursday. Stock traders purchased 17,299 call options on the company. This represents an increase of 687% compared to the typical daily volume of 2,199 call options.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in ICLN. JFS Wealth Advisors LLC lifted its stake in shares of iShares Global Clean Energy ETF by 109.3% during the 2nd quarter. JFS Wealth Advisors LLC now owns 3,217 shares of the company’s stock worth $66,000 after purchasing an additional 1,680 shares during the last quarter. Baron Financial Group LLC boosted its position in iShares Global Clean Energy ETF by 7.4% during the second quarter. Baron Financial Group LLC now owns 12,355 shares of the company’s stock valued at $253,000 after purchasing an additional 855 shares in the last quarter. Focus Financial Network Inc. purchased a new position in iShares Global Clean Energy ETF in the second quarter valued at about $202,000. Ehrlich Financial Group purchased a new position in iShares Global Clean Energy ETF in the second quarter valued at about $753,000. Finally, Finley Financial LLC bought a new position in iShares Global Clean Energy ETF in the second quarter worth about $102,000.

iShares Global Clean Energy ETF Stock Performance

NASDAQ:ICLN traded up $0.01 during trading hours on Thursday, reaching $18.55. The company’s stock had a trading volume of 345,176 shares, compared to its average volume of 5,555,657. The company has a market capitalization of $2.44 billion, a P/E ratio of 17.16 and a beta of 1.09. iShares Global Clean Energy ETF has a 12 month low of $13.36 and a 12 month high of $23.78. The stock has a 50 day moving average price of $20.75 and a two-hundred day moving average price of $19.42.

iShares Global Clean Energy ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.0561 dividend. The ex-dividend date was Monday, June 15th.

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. The Fund operates in a range of sectors, which include electric utilities, semiconductors and semiconductor equipment, independent power producers and energy traders, commercial services and supplies, and electrical equipment.