Bessemer Group Inc. Has $308,000 Stock Position in iShares Global Energy ETF (NYSEARCA:IXC)

Bessemer Group Inc. increased its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 22.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,068 shares of the company’s stock after acquiring an additional 1,456 shares during the quarter. Bessemer Group Inc.’s holdings in iShares Global Energy ETF were worth $308,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. acquired a new position in iShares Global Energy ETF during the 4th quarter valued at about $28,000. Kohmann Bosshard Financial Services LLC acquired a new position in iShares Global Energy ETF in the fourth quarter valued at approximately $31,000. IMG Wealth Management Inc. bought a new position in iShares Global Energy ETF in the fourth quarter valued at approximately $40,000. Winch Advisory Services LLC grew its holdings in iShares Global Energy ETF by 776.9% during the 4th quarter. Winch Advisory Services LLC now owns 1,482 shares of the company’s stock worth $57,000 after acquiring an additional 1,313 shares during the period. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of iShares Global Energy ETF during the 4th quarter valued at $61,000.

iShares Global Energy ETF Stock Up 1.2 %

NYSEARCA:IXC opened at $36.63 on Thursday. iShares Global Energy ETF has a 12-month low of $33.89 and a 12-month high of $44.46. The stock’s fifty day simple moving average is $39.45 and its 200-day simple moving average is $40.18. The firm has a market capitalization of $1.86 billion, a P/E ratio of 14.91 and a beta of 0.74.

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.