Versant Capital Management Inc Buys 11,971 Shares of iShares Global Energy ETF $IXC

Versant Capital Management Inc grew its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 3.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 368,314 shares of the company’s stock after acquiring an additional 11,971 shares during the period. iShares Global Energy ETF comprises approximately 2.1% of Versant Capital Management Inc’s holdings, making the stock its 8th biggest position. Versant Capital Management Inc owned 0.84% of iShares Global Energy ETF worth $15,377,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of IXC. Ashton Thomas Securities LLC bought a new position in shares of iShares Global Energy ETF during the third quarter worth about $425,000. Verger Capital Management LLC increased its holdings in shares of iShares Global Energy ETF by 11.6% in the 3rd quarter. Verger Capital Management LLC now owns 511,493 shares of the company’s stock valued at $21,355,000 after acquiring an additional 53,064 shares during the last quarter. Gladstone Institutional Advisory LLC raised its position in shares of iShares Global Energy ETF by 16.4% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 42,463 shares of the company’s stock valued at $1,773,000 after acquiring an additional 5,981 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in iShares Global Energy ETF by 1.5% during the third quarter. Commonwealth Equity Services LLC now owns 403,371 shares of the company’s stock worth $16,841,000 after purchasing an additional 5,910 shares during the last quarter. Finally, Simon Quick Advisors LLC acquired a new position in iShares Global Energy ETF in the third quarter worth $201,000.

iShares Global Energy ETF Stock Performance

Shares of NYSEARCA:IXC opened at $43.52 on Wednesday. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of 13.85 and a beta of 0.69. iShares Global Energy ETF has a 1-year low of $33.89 and a 1-year high of $43.87. The company’s fifty day moving average is $42.46 and its two-hundred day moving average is $41.43.

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.