Factor Wealth Management LTD raised its stake in iShares Global Energy ETF (NYSEARCA:IXC – Free Report) by 27.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 94,559 shares of the company’s stock after buying an additional 20,272 shares during the quarter. Factor Wealth Management LTD owned about 0.23% of iShares Global Energy ETF worth $4,646,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of IXC. Fisher Asset Management LLC raised its stake in shares of iShares Global Energy ETF by 8.3% in the 4th quarter. Fisher Asset Management LLC now owns 14,729,493 shares of the company’s stock valued at $617,608,000 after purchasing an additional 1,127,201 shares during the period. Climber Capital SA bought a new stake in shares of iShares Global Energy ETF in the fourth quarter valued at about $910,000. Dara Capital US Inc. acquired a new position in shares of iShares Global Energy ETF during the fourth quarter worth about $925,000. Ashton Thomas Securities LLC acquired a new position in shares of iShares Global Energy ETF during the first quarter worth about $529,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in shares of iShares Global Energy ETF during the fourth quarter worth about $2,436,000.
iShares Global Energy ETF Stock Performance
NYSEARCA:IXC opened at $54.13 on Friday. The stock has a 50-day simple moving average of $52.59 and a 200 day simple moving average of $52.75. iShares Global Energy ETF has a 52-week low of $39.46 and a 52-week high of $59.18. The company has a market cap of $2.78 billion, a PE ratio of 13.85 and a beta of 0.35.
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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