iShares Global Energy ETF $IXC Shares Acquired by Modern Wealth Management LLC

Modern Wealth Management LLC boosted its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 0.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 113,046 shares of the company’s stock after acquiring an additional 974 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares Global Energy ETF were worth $4,756,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Jane Street Group LLC boosted its position in shares of iShares Global Energy ETF by 16.3% during the 1st quarter. Jane Street Group LLC now owns 437,908 shares of the company’s stock valued at $18,423,000 after purchasing an additional 61,294 shares in the last quarter. Verger Capital Management LLC lifted its position in shares of iShares Global Energy ETF by 11.5% in the first quarter. Verger Capital Management LLC now owns 423,572 shares of the company’s stock worth $17,820,000 after purchasing an additional 43,837 shares in the last quarter. Royal Bank of Canada lifted its position in shares of iShares Global Energy ETF by 15.5% in the first quarter. Royal Bank of Canada now owns 292,673 shares of the company’s stock worth $12,313,000 after purchasing an additional 39,306 shares in the last quarter. Financial Advisory Corp raised its position in iShares Global Energy ETF by 2.4% during the first quarter. Financial Advisory Corp now owns 289,667 shares of the company’s stock valued at $12,186,000 after acquiring an additional 6,853 shares in the last quarter. Finally, MFA Wealth Advisors LLC raised its position in iShares Global Energy ETF by 6.0% during the first quarter. MFA Wealth Advisors LLC now owns 280,552 shares of the company’s stock valued at $11,803,000 after acquiring an additional 16,001 shares in the last quarter.

iShares Global Energy ETF Stock Down 0.5%

Shares of IXC stock opened at $41.25 on Friday. iShares Global Energy ETF has a 12 month low of $33.89 and a 12 month high of $43.29. The business’s 50 day moving average is $40.50 and its two-hundred day moving average is $39.44. The company has a market cap of $1.82 billion, a PE ratio of 13.85 and a beta of 1.13.

iShares Global Energy ETF Company Profile

iShares Global Energy ETF (the Fund), formerly iShares S&P Global Energy Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global Energy Sector Index (the Index). The Index is a subset of the S&P Global 1200 Index, and measures the performance of companies that S&P deems to be part of the energy sector of the economy.