Cidel Asset Management Inc. Takes Position in iShares Global Clean Energy ETF $ICLN

Cidel Asset Management Inc. bought a new position in shares of iShares Global Clean Energy ETF (NASDAQ:ICLN) in the 2nd quarter, Holdings Channel reports. The fund bought 125,000 shares of the company’s stock, valued at approximately $2,561,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Minot DeBlois Advisors LLC increased its position in iShares Global Clean Energy ETF by 1.6% in the 4th quarter. Minot DeBlois Advisors LLC now owns 39,205 shares of the company’s stock valued at $644,000 after acquiring an additional 604 shares during the period. Money Concepts Capital Corp raised its stake in iShares Global Clean Energy ETF by 5.5% during the 1st quarter. Money Concepts Capital Corp now owns 12,575 shares of the company’s stock valued at $230,000 after acquiring an additional 650 shares during the last quarter. Cardinal Point Capital Management ULC lifted its position in iShares Global Clean Energy ETF by 1.4% during the 4th quarter. Cardinal Point Capital Management ULC now owns 50,061 shares of the company’s stock worth $822,000 after acquiring an additional 696 shares during the period. FWL Investment Management LLC lifted its position in iShares Global Clean Energy ETF by 26.8% during the 3rd quarter. FWL Investment Management LLC now owns 3,310 shares of the company’s stock worth $51,000 after acquiring an additional 700 shares during the period. Finally, Avantax Planning Partners Inc. grew its stake in shares of iShares Global Clean Energy ETF by 6.1% in the 1st quarter. Avantax Planning Partners Inc. now owns 13,894 shares of the company’s stock valued at $254,000 after purchasing an additional 803 shares during the last quarter.

iShares Global Clean Energy ETF Trading Up 3.0%

NASDAQ:ICLN opened at $18.31 on Wednesday. iShares Global Clean Energy ETF has a 12-month low of $14.33 and a 12-month high of $23.78. The stock’s 50 day simple moving average is $18.22 and its 200-day simple moving average is $19.35. The firm has a market cap of $2.40 billion, a P/E ratio of 17.16 and a beta of 1.10.

iShares Global Clean Energy ETF Company 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.