iShares Global Energy ETF (NYSEARCA:IXC) Shares Bought by Verger Capital Management LLC

Verger Capital Management LLC raised its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 47.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 510,685 shares of the company’s stock after acquiring an additional 164,039 shares during the quarter. iShares Global Energy ETF accounts for about 11.1% of Verger Capital Management LLC’s portfolio, making the stock its 6th biggest holding. Verger Capital Management LLC owned 1.11% of iShares Global Energy ETF worth $19,973,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. SYM FINANCIAL Corp purchased a new stake in iShares Global Energy ETF during the third quarter valued at about $26,000. Retirement Group LLC purchased a new stake in iShares Global Energy ETF during the fourth quarter valued at about $30,000. Bourgeon Capital Management LLC purchased a new stake in iShares Global Energy ETF during the third quarter valued at about $40,000. Patriot Investment Management Group Inc. purchased a new stake in iShares Global Energy ETF during the fourth quarter valued at about $53,000. Finally, Sound Income Strategies LLC purchased a new stake in shares of iShares Global Energy ETF in the fourth quarter worth approximately $54,000.

iShares Global Energy ETF Stock Performance

Shares of NYSEARCA IXC traded down $0.43 during mid-day trading on Tuesday, reaching $43.26. The company had a trading volume of 1,090,265 shares, compared to its average volume of 741,971. The stock has a fifty day moving average of $41.21 and a two-hundred day moving average of $40.05. The company has a market capitalization of $3.39 billion, a price-to-earnings ratio of 8.03 and a beta of 0.52. iShares Global Energy ETF has a 12-month low of $35.38 and a 12-month high of $45.22.

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.