SageView Advisory Group LLC Invests $287,000 in iShares Global Energy ETF (NYSEARCA:IXC)

SageView Advisory Group LLC acquired a new stake in iShares Global Energy ETF (NYSEARCA:IXC) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,521 shares of the company’s stock, valued at approximately $287,000.

Other institutional investors also recently added to or reduced their stakes in the company. Atomi Financial Group Inc. acquired a new stake in shares of iShares Global Energy ETF in the fourth quarter valued at about $234,000. Sierra Summit Advisors LLC boosted its stake in shares of iShares Global Energy ETF by 4.2% during the 4th quarter. Sierra Summit Advisors LLC now owns 63,564 shares of the company’s stock worth $2,427,000 after acquiring an additional 2,566 shares in the last quarter. Madison Investment Advisors LLC acquired a new stake in shares of iShares Global Energy ETF in the 4th quarter worth approximately $1,077,000. Bank of New York Mellon Corp grew its holdings in shares of iShares Global Energy ETF by 14.1% in the 4th quarter. Bank of New York Mellon Corp now owns 9,033 shares of the company’s stock worth $345,000 after acquiring an additional 1,116 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in iShares Global Energy ETF by 44.3% in the 4th quarter. JPMorgan Chase & Co. now owns 1,425,674 shares of the company’s stock valued at $54,432,000 after purchasing an additional 437,984 shares in the last quarter.

iShares Global Energy ETF Stock Performance

iShares Global Energy ETF stock opened at $36.20 on Wednesday. iShares Global Energy ETF has a fifty-two week low of $33.89 and a fifty-two week high of $44.46. The firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of 14.91 and a beta of 0.74. The stock’s fifty day moving average is $39.51 and its two-hundred day moving average is $40.21.

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.