iShares Global Clean Energy ETF Target of Unusually High Options Trading (NASDAQ:ICLN)

iShares Global Clean Energy ETF (NASDAQ:ICLN) was the target of unusually large options trading activity on Wednesday. Stock investors purchased 14,950 put options on the stock. This is an increase of 492% compared to the typical daily volume of 2,526 put options.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ICLN. Sage Mountain Advisors LLC lifted its stake in shares of iShares Global Clean Energy ETF by 1,628.7% in the second quarter. Sage Mountain Advisors LLC now owns 2,109 shares of the company’s stock valued at $28,000 after buying an additional 1,987 shares in the last quarter. Future Financial Wealth Managment LLC bought a new position in shares of iShares Global Clean Energy ETF in the first quarter valued at $29,000. Olistico Wealth LLC bought a new position in shares of iShares Global Clean Energy ETF in the second quarter valued at $31,000. Ashton Thomas Private Wealth LLC bought a new position in shares of iShares Global Clean Energy ETF in the second quarter valued at $31,000. Finally, Headlands Technologies LLC purchased a new stake in shares of iShares Global Clean Energy ETF in the second quarter valued at about $31,000.

iShares Global Clean Energy ETF Stock Up 0.2 %

Shares of NASDAQ ICLN opened at $13.12 on Friday. The firm has a market cap of $1.93 billion, a PE ratio of 14.91 and a beta of 1.09. iShares Global Clean Energy ETF has a 12-month low of $12.72 and a 12-month high of $15.81. The company’s fifty day simple moving average is $14.11 and its 200 day simple moving average is $14.02.

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.