The Manufacturers Life Insurance Company Buys Shares of 11,795 iShares Global Energy ETF $IXC

The Manufacturers Life Insurance Company purchased a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,795 shares of the company’s stock, valued at approximately $680,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Cerity Partners LLC increased its position in shares of iShares Global Energy ETF by 1.6% in the 4th quarter. Cerity Partners LLC now owns 12,721 shares of the company’s stock valued at $533,000 after buying an additional 198 shares in the last quarter. Parallel Advisors LLC lifted its holdings in iShares Global Energy ETF by 51.9% during the first quarter. Parallel Advisors LLC now owns 629 shares of the company’s stock worth $36,000 after acquiring an additional 215 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in iShares Global Energy ETF by 54.3% during the first quarter. PNC Financial Services Group Inc. now owns 696 shares of the company’s stock worth $40,000 after acquiring an additional 245 shares in the last quarter. Pines Wealth Management LLC grew its stake in iShares Global Energy ETF by 5.8% in the fourth quarter. Pines Wealth Management LLC now owns 5,322 shares of the company’s stock valued at $223,000 after acquiring an additional 291 shares during the period. Finally, AlphaCore Capital LLC grew its stake in iShares Global Energy ETF by 109.7% in the fourth quarter. AlphaCore Capital LLC now owns 734 shares of the company’s stock valued at $31,000 after acquiring an additional 384 shares during the period.

iShares Global Energy ETF Price Performance

Shares of iShares Global Energy ETF stock opened at $55.99 on Friday. The company has a market capitalization of $2.88 billion, a P/E ratio of 13.85 and a beta of 0.35. The business has a 50-day moving average of $52.67 and a two-hundred day moving average of $53.13. iShares Global Energy ETF has a 1 year low of $39.67 and a 1 year high of $59.18.

iShares Global Energy ETF 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.