iShares Global Energy ETF (NYSEARCA:IXC) Sets New 12-Month High – Here’s What Happened

iShares Global Energy ETF (NYSEARCA:IXC) hit a new 52-week high on Tuesday . The company traded as high as $57.17 and last traded at $57.10, with a volume of 148063 shares changing hands. The stock had previously closed at $55.90.

iShares Global Energy ETF Price Performance

The firm has a market cap of $2.58 billion, a PE ratio of 13.85 and a beta of 0.69. The company has a 50 day simple moving average of $50.31 and a 200-day simple moving average of $44.93.

Institutional Investors Weigh In On iShares Global Energy ETF

A number of hedge funds have recently made changes to their positions in the business. CreativeOne Wealth LLC boosted its stake in shares of iShares Global Energy ETF by 25.6% in the 2nd quarter. CreativeOne Wealth LLC now owns 22,091 shares of the company’s stock valued at $868,000 after purchasing an additional 4,508 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in iShares Global Energy ETF by 4.9% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 7,919 shares of the company’s stock worth $311,000 after purchasing an additional 370 shares during the period. Quadrature Capital Ltd raised its position in iShares Global Energy ETF by 184.4% in the 2nd quarter. Quadrature Capital Ltd now owns 65,831 shares of the company’s stock worth $2,585,000 after purchasing an additional 42,685 shares during the period. Fisher Asset Management LLC lifted its stake in iShares Global Energy ETF by 14.9% in the second quarter. Fisher Asset Management LLC now owns 12,533,974 shares of the company’s stock worth $492,460,000 after purchasing an additional 1,624,618 shares during the last quarter. Finally, CW Advisors LLC lifted its stake in iShares Global Energy ETF by 1.1% in the second quarter. CW Advisors LLC now owns 38,000 shares of the company’s stock worth $1,493,000 after purchasing an additional 419 shares during the last quarter.

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. Component companies include oil equipment and services, oil exploration and production, and oil refinery, oil storage and transportation, and coal and uranium mining companies.