Empirical Wealth Management Reduces Stake in iShares Global Clean Energy ETF

On January 31, 2025, Empirical Financial Services LLC, operating as Empirical Wealth Management, announced a reduction in its holdings of the iShares Global Clean Energy ETF (NASDAQ: ICLN). The firm decreased its stake by 17.5% during the fourth quarter, now owning 13,000 shares following the sale of 2,755 shares.

At the conclusion of the most recent quarter, Empirical Wealth Management valued its holdings in the iShares Global Clean Energy ETF at approximately $148,000.

In addition to Empirical’s actions, several other hedge funds have also adjusted their positions in the ETF. For instance, Brookstone Capital Management made a new investment in iShares Global Clean Energy ETF during the fourth quarter, amounting to around $157,000. Meanwhile, International Assets Investment Management LLC significantly increased its stake by 1,364.5% in the previous quarter, acquiring 238,021 shares, which are now worth $3,497,000 after an additional purchase of 221,768 shares.

Other noteworthy changes include OneDigital Investment Advisors LLC, which also bought shares valued at approximately $159,000, and Park Avenue Securities LLC, which raised its stake by 14.8% during the same quarter, bringing its total to 20,014 shares valued at $294,000. Finally, Cerity Partners LLC increased its holdings by 160.5%, now possessing 55,256 shares valued at $812,000 after purchasing 34,046 additional shares.

Current Performance of iShares Global Clean Energy ETF

As of now, the iShares Global Clean Energy ETF is trading at $11.41, reflecting a 1.8% increase. The ETF has a market capitalization of $1.40 billion, a price-to-earnings ratio of 14.91, and a beta of 1.09. The fund's prices have fluctuated, with a one-year low of $10.97 and a high of $15.25. Its average price over the last 50 days is $11.69, while the two-hundred-day average sits at $13.02.

Dividend Information

The iShares Global Clean Energy ETF recently declared a dividend, which was processed on December 20. Shareholders on record as of December 17 received a dividend payment of $0.1142 per share. The ex-dividend date was the same day.

About iShares Global Clean Energy ETF

The iShares Global Clean Energy ETF, previously known as the iShares S&P Global Clean Energy Index Fund, aims to mirror the price and yield performances of the S&P Global Clean Energy Index. This index comprises companies focused on clean energy production as well as those providing clean energy equipment and technology.

ETF, Investment, Stocks