Picton Mahoney Asset Management Sells 7,000 Shares of iShares Global Clean Energy ETF (NASDAQ:ICLN)

Picton Mahoney Asset Management decreased its position in shares of iShares Global Clean Energy ETF (NASDAQ:ICLN) by 64.8% in the 4th quarter, Holdings Channel reports. The fund owned 3,800 shares of the company’s stock after selling 7,000 shares during the quarter. Picton Mahoney Asset Management’s holdings in iShares Global Clean Energy ETF were worth $43,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Liberty Wealth Management LLC grew its stake in shares of iShares Global Clean Energy ETF by 5.1% during the 4th quarter. Liberty Wealth Management LLC now owns 24,421 shares of the company’s stock worth $278,000 after acquiring an additional 1,176 shares during the period. Natural Investments LLC purchased a new stake in iShares Global Clean Energy ETF during the 4th quarter worth about $410,000. Palisades Hudson Asset Management L.P. lifted its holdings in iShares Global Clean Energy ETF by 13.7% during the 4th quarter. Palisades Hudson Asset Management L.P. now owns 73,886 shares of the company’s stock worth $841,000 after purchasing an additional 8,915 shares in the last quarter. Independent Advisor Alliance purchased a new stake in iShares Global Clean Energy ETF during the 4th quarter worth about $141,000. Finally, HM Payson & Co. lifted its holdings in iShares Global Clean Energy ETF by 59.1% during the 4th quarter. HM Payson & Co. now owns 3,500 shares of the company’s stock worth $40,000 after purchasing an additional 1,300 shares in the last quarter.

iShares Global Clean Energy ETF Stock Performance

Shares of ICLN opened at $11.58 on Monday. The stock’s 50-day simple moving average is $11.34 and its 200 day simple moving average is $12.43. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 14.34 and a beta of 1.09. iShares Global Clean Energy ETF has a 52-week low of $10.87 and a 52-week high of $15.25.

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.