Vontobel Holding Ltd. purchased a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC – Free Report) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 25,000 shares of the company’s stock, valued at approximately $1,424,000.
A number of other institutional investors have also recently bought and sold shares of IXC. Legacy Wealth Managment LLC ID bought a new position in shares of iShares Global Energy ETF during the 2nd quarter worth about $425,000. Factor Wealth Management LTD boosted its position in shares of iShares Global Energy ETF by 18.9% during the 1st quarter. Factor Wealth Management LTD now owns 74,287 shares of the company’s stock valued at $4,280,000 after acquiring an additional 11,793 shares in the last quarter. Morningstar Investment Management LLC bought a new stake in iShares Global Energy ETF in the first quarter valued at about $8,923,000. Hsbc Holdings PLC bought a new stake in iShares Global Energy ETF in the first quarter valued at about $269,917,000. Finally, Wealthfront Advisers LLC raised its position in iShares Global Energy ETF by 47.7% in the first quarter. Wealthfront Advisers LLC now owns 67,900 shares of the company’s stock worth $3,912,000 after purchasing an additional 21,919 shares in the last quarter.
iShares Global Energy ETF Stock Down 0.9%
Shares of IXC opened at $62.41 on Tuesday. The stock has a market cap of $3.30 billion, a price-to-earnings ratio of 13.85 and a beta of 0.40. iShares Global Energy ETF has a 12 month low of $40.49 and a 12 month high of $63.08. The company has a 50-day moving average price of $58.62 and a two-hundred day moving average price of $55.44.
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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