MinichMacGregor Wealth Management LLC Takes Position in iShares Global Clean Energy ETF $ICLN

MinichMacGregor Wealth Management LLC acquired a new stake in iShares Global Clean Energy ETF (NASDAQ:ICLN) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 75,914 shares of the company’s stock, valued at approximately $1,175,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. First Horizon Corp bought a new stake in shares of iShares Global Clean Energy ETF in the third quarter worth about $94,000. Citizens Financial Group Inc. RI bought a new stake in iShares Global Clean Energy ETF during the 3rd quarter worth approximately $785,000. Colony Family Offices LLC acquired a new stake in iShares Global Clean Energy ETF during the 3rd quarter worth approximately $145,000. Benjamin Edwards Inc. lifted its stake in iShares Global Clean Energy ETF by 8.0% in the third quarter. Benjamin Edwards Inc. now owns 22,503 shares of the company’s stock valued at $348,000 after buying an additional 1,662 shares in the last quarter. Finally, SG Americas Securities LLC increased its position in shares of iShares Global Clean Energy ETF by 353.4% during the third quarter. SG Americas Securities LLC now owns 438,737 shares of the company’s stock worth $6,792,000 after acquiring an additional 341,966 shares in the last quarter.

iShares Global Clean Energy ETF Trading Up 1.1%

ICLN opened at $17.70 on Friday. The stock has a market capitalization of $2.05 billion, a P/E ratio of 17.16 and a beta of 1.04. iShares Global Clean Energy ETF has a 12 month low of $10.46 and a 12 month high of $18.20. The firm’s fifty day simple moving average is $16.82 and its 200 day simple moving average is $15.57.

iShares Global Clean Energy ETF Announces Dividend

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

iShares Global Clean Energy ETF Profile

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.