Verger Capital Management LLC Raises Position in iShares Global Energy ETF $IXC

Verger Capital Management LLC grew its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 12.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 575,775 shares of the company’s stock after buying an additional 64,282 shares during the quarter. iShares Global Energy ETF accounts for approximately 7.1% of Verger Capital Management LLC’s investment portfolio, making the stock its 6th largest holding. Verger Capital Management LLC’s holdings in iShares Global Energy ETF were worth $24,142,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC grew its stake in iShares Global Energy ETF by 8.5% during the third quarter. Fisher Asset Management LLC now owns 13,602,292 shares of the company’s stock worth $567,896,000 after buying an additional 1,068,318 shares during the last quarter. Evergreen Capital Management LLC grew its stake in iShares Global Energy ETF by 1.2% during the fourth quarter. Evergreen Capital Management LLC now owns 624,706 shares of the company’s stock worth $26,194,000 after buying an additional 7,691 shares during the last quarter. UBS Group AG grew its stake in iShares Global Energy ETF by 11.6% during the fourth quarter. UBS Group AG now owns 499,935 shares of the company’s stock worth $20,962,000 after buying an additional 51,793 shares during the last quarter. Commonwealth Equity Services LLC grew 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 buying an additional 5,910 shares during the last quarter. Finally, Versant Capital Management Inc grew its stake in iShares Global Energy ETF by 3.4% during the third quarter. Versant Capital Management Inc now owns 368,314 shares of the company’s stock worth $15,377,000 after buying an additional 11,971 shares during the last quarter.

iShares Global Energy ETF Trading Down 1.3%

Shares of iShares Global Energy ETF stock opened at $56.05 on Friday. iShares Global Energy ETF has a 1-year low of $36.99 and a 1-year high of $59.18. The firm’s 50-day moving average price is $54.37 and its two-hundred day moving average price is $47.42. The stock has a market capitalization of $2.72 billion, a price-to-earnings ratio of 13.85 and a beta of 0.37.

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.