Envestnet Portfolio Solutions Inc. bought a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 58,214 shares of the company’s stock, valued at approximately $2,436,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of IXC. Quantinno Capital Management LP grew its holdings in iShares Global Energy ETF by 22.1% during the second quarter. Quantinno Capital Management LP now owns 10,635 shares of the company’s stock worth $418,000 after acquiring an additional 1,925 shares during the period. Strategic Wealth Investment Group LLC grew its holdings in iShares Global Energy ETF by 13.6% during the second quarter. Strategic Wealth Investment Group LLC now owns 12,066 shares of the company’s stock worth $474,000 after acquiring an additional 1,447 shares during the period. Ameriprise Financial Inc. grew its holdings in iShares Global Energy ETF by 4.4% during the second quarter. Ameriprise Financial Inc. now owns 143,153 shares of the company’s stock worth $5,624,000 after acquiring an additional 6,072 shares during the period. Modern Wealth Management LLC grew its holdings in iShares Global Energy ETF by 17.9% during the second quarter. Modern Wealth Management LLC now owns 133,283 shares of the company’s stock worth $5,237,000 after acquiring an additional 20,237 shares during the period. Finally, Two Sigma Securities LLC grew its holdings in iShares Global Energy ETF by 37.3% during the second quarter. Two Sigma Securities LLC now owns 9,407 shares of the company’s stock worth $370,000 after acquiring an additional 2,556 shares during the period.
iShares Global Energy ETF Stock Up 0.2%
iShares Global Energy ETF stock opened at $56.15 on Friday. The firm has a market cap of $2.73 billion, a price-to-earnings ratio of 13.85 and a beta of 0.37. iShares Global Energy ETF has a 52 week low of $37.52 and a 52 week high of $59.18. The business’s 50-day moving average price is $55.37 and its 200 day moving average price is $48.82.
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.
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