Palisades Hudson Asset Management L.P. Boosts Holdings in iShares Global Clean Energy ETF (NASDAQ:ICLN)

Palisades Hudson Asset Management L.P. raised its stake in shares of iShares Global Clean Energy ETF (NASDAQ:ICLN) by 13.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,886 shares of the company’s stock after purchasing an additional 8,915 shares during the period. Palisades Hudson Asset Management L.P.’s holdings in iShares Global Clean Energy ETF were worth $841,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Apollon Wealth Management LLC lifted its stake in shares of iShares Global Clean Energy ETF by 13.9% in the fourth quarter. Apollon Wealth Management LLC now owns 14,342 shares of the company’s stock worth $163,000 after buying an additional 1,752 shares in the last quarter. Brookstone Capital Management purchased a new position in shares of iShares Global Clean Energy ETF in the fourth quarter worth about $157,000. 5th Street Advisors LLC lifted its stake in shares of iShares Global Clean Energy ETF by 20.9% in the fourth quarter. 5th Street Advisors LLC now owns 16,161 shares of the company’s stock worth $184,000 after buying an additional 2,794 shares in the last quarter. PFG Investments LLC lifted its stake in shares of iShares Global Clean Energy ETF by 81.1% in the fourth quarter. PFG Investments LLC now owns 56,477 shares of the company’s stock worth $643,000 after buying an additional 25,293 shares in the last quarter. Finally, OneDigital Investment Advisors LLC purchased a new position in shares of iShares Global Clean Energy ETF in the third quarter worth about $159,000.

iShares Global Clean Energy ETF Trading Down 0.6 %

NASDAQ:ICLN opened at $11.45 on Tuesday. The company’s 50-day moving average price is $11.34 and its 200-day moving average price is $12.53. The company has a market cap of $1.41 billion, a P/E ratio of 14.34 and a beta of 1.09. iShares Global Clean Energy ETF has a twelve month low of $10.87 and a twelve month high of $15.25.

iShares Global Clean Energy ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.1142 per share. The ex-dividend date was Tuesday, December 17th.

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.