iShares Global Clean Energy ETF (NASDAQ:ICLN) Trading Up 1.2% – Should You Buy?

iShares Global Clean Energy ETF (NASDAQ:ICLN)’s stock price were up 1.2% on Friday . The company traded as high as $17.34 and last traded at $17.32. Approximately 3,840,137 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 5,278,119 shares. The stock had previously closed at $17.12.

iShares Global Clean Energy ETF Stock Up 1.2%

The company’s 50-day moving average is $16.83 and its two-hundred day moving average is $15.41. The company has a market cap of $2.00 billion, a P/E ratio of 17.16 and a beta of 1.04.

iShares Global Clean Energy ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a $0.1282 dividend. The ex-dividend date was Tuesday, December 16th. This represents a yield of 157.0%.

Institutional Trading of iShares Global Clean Energy ETF

Several hedge funds have recently made changes to their positions in ICLN. Family Legacy Financial Solutions LLC bought a new position in shares of iShares Global Clean Energy ETF during the 2nd quarter worth $25,000. Triumph Capital Management bought a new position in iShares Global Clean Energy ETF during the third quarter worth about $29,000. Elevation Point Wealth Partners LLC bought a new position in iShares Global Clean Energy ETF during the second quarter worth about $30,000. Robbins Farley purchased a new position in shares of iShares Global Clean Energy ETF in the second quarter worth about $32,000. Finally, Anchor Investment Management LLC purchased a new position in shares of iShares Global Clean Energy ETF in the first quarter worth about $34,000.

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. 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.