Franklin Resources Inc. Lowers Stake in iShares Global Clean Energy ETF (NASDAQ:ICLN)

Franklin Resources Inc. decreased its position in iShares Global Clean Energy ETF (NASDAQ:ICLN) by 34.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,595 shares of the company’s stock after selling 10,480 shares during the quarter. Franklin Resources Inc.’s holdings in iShares Global Clean Energy ETF were worth $223,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ICLN. Apollon Wealth Management LLC raised its holdings in shares of iShares Global Clean Energy ETF by 13.9% in the 4th quarter. Apollon Wealth Management LLC now owns 14,342 shares of the company’s stock valued at $163,000 after buying an additional 1,752 shares during the period. Brookstone Capital Management purchased a new stake in iShares Global Clean Energy ETF during the fourth quarter worth about $157,000. 5th Street Advisors LLC lifted its position in shares of iShares Global Clean Energy ETF by 20.9% during the fourth quarter. 5th Street Advisors LLC now owns 16,161 shares of the company’s stock worth $184,000 after purchasing an additional 2,794 shares in the last quarter. PFG Investments LLC boosted 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 valued at $643,000 after purchasing an additional 25,293 shares during the period. Finally, Alliancebernstein L.P. grew its holdings in shares of iShares Global Clean Energy ETF by 16.7% in the fourth quarter. Alliancebernstein L.P. now owns 234,159 shares of the company’s stock valued at $2,665,000 after purchasing an additional 33,563 shares in the last quarter.

iShares Global Clean Energy ETF Stock Up 1.8 %

iShares Global Clean Energy ETF stock opened at $11.52 on Friday. iShares Global Clean Energy ETF has a 52-week low of $10.46 and a 52-week high of $15.25. The firm has a market cap of $1.28 billion, a PE ratio of 14.06 and a beta of 1.09. The company’s 50 day moving average is $11.36 and its two-hundred day moving average is $11.94.

About iShares Global Clean Energy ETF

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.