Penobscot Wealth Management Acquires 125,805 Shares of iShares Global Clean Energy ETF $ICLN

Penobscot Wealth Management raised its holdings in shares of iShares Global Clean Energy ETF (NASDAQ:ICLN) by 119.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 230,719 shares of the company’s stock after purchasing an additional 125,805 shares during the quarter. iShares Global Clean Energy ETF makes up 1.2% of Penobscot Wealth Management’s holdings, making the stock its 16th biggest position. Penobscot Wealth Management’s holdings in iShares Global Clean Energy ETF were worth $4,025,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ICLN. Nalls Sherbakoff Group LLC bought a new position in shares of iShares Global Clean Energy ETF in the fourth quarter valued at about $25,000. Richards Merrill & Peterson Inc. bought a new stake in shares of iShares Global Clean Energy ETF during the 1st quarter worth about $31,000. Bartlett & CO. Wealth Management LLC bought a new position in iShares Global Clean Energy ETF in the 4th quarter valued at about $28,000. Triumph Capital Management bought a new position in iShares Global Clean Energy ETF in the 3rd quarter valued at about $29,000. Finally, Manchester Capital Management LLC acquired a new stake in iShares Global Clean Energy ETF during the fourth quarter worth approximately $33,000.

iShares Global Clean Energy ETF Stock Down 0.9%

Shares of NASDAQ:ICLN opened at $20.29 on Friday. iShares Global Clean Energy ETF has a 12-month low of $12.93 and a 12-month high of $23.78. The stock has a market cap of $2.46 billion, a PE ratio of 17.16 and a beta of 1.07. The business has a 50 day moving average of $21.20 and a 200-day moving average of $19.06.

iShares Global Clean Energy ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $0.0561 per share. The ex-dividend date of this dividend was Monday, June 15th.

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.