Sowell Financial Services LLC purchased a new stake in shares of iShares Global Energy ETF (NYSEARCA:IXC – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,323 shares of the company’s stock, valued at approximately $702,000.
Several other institutional investors have also added to or reduced their stakes in IXC. Hsbc Holdings PLC purchased a new position in iShares Global Energy ETF during the 1st quarter valued at approximately $269,917,000. Versant Capital Management Inc raised its stake in iShares Global Energy ETF by 2.1% during the third quarter. Versant Capital Management Inc now owns 508,556 shares of the company’s stock valued at $28,972,000 after purchasing an additional 10,640 shares in the last quarter. Financial Advisory Corp raised its stake in iShares Global Energy ETF by 1.6% during the second quarter. Financial Advisory Corp now owns 226,108 shares of the company’s stock valued at $11,109,000 after purchasing an additional 3,654 shares in the last quarter. Royal Bank of Canada lifted its position in iShares Global Energy ETF by 28.9% during the first quarter. Royal Bank of Canada now owns 179,975 shares of the company’s stock valued at $10,368,000 after purchasing an additional 40,364 shares during the last quarter. Finally, Morningstar Investment Management LLC bought a new position in iShares Global Energy ETF during the first quarter valued at $8,923,000.
iShares Global Energy ETF Stock Up 2.5%
Shares of NYSEARCA:IXC opened at $63.88 on Friday. iShares Global Energy ETF has a 52 week low of $40.55 and a 52 week high of $64.14. The stock has a market capitalization of $3.42 billion, a P/E ratio of 13.85 and a beta of 0.40. The firm has a fifty day simple moving average of $59.15 and a two-hundred day simple moving average of $55.63.
About iShares Global Energy ETF
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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