Wealthfront Advisers LLC Buys 10,119 Shares of iShares Global Energy ETF $IXC

Wealthfront Advisers LLC raised its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 28.2% in the 4th quarter, Holdings Channel reports. The firm owned 45,981 shares of the company’s stock after purchasing an additional 10,119 shares during the quarter. Wealthfront Advisers LLC’s holdings in iShares Global Energy ETF were worth $1,928,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of iShares Global Energy ETF in the third quarter valued at approximately $990,000. Verger Capital Management LLC boosted its holdings in shares of iShares Global Energy ETF by 11.6% in the third quarter. Verger Capital Management LLC now owns 511,493 shares of the company’s stock valued at $21,355,000 after purchasing an additional 53,064 shares during the period. Dara Capital US Inc. purchased a new stake in shares of iShares Global Energy ETF in the fourth quarter valued at approximately $925,000. Client 1ST Advisory Group LLC boosted its holdings in shares of iShares Global Energy ETF by 19.0% in the fourth quarter. Client 1ST Advisory Group LLC now owns 88,525 shares of the company’s stock valued at $3,712,000 after purchasing an additional 14,127 shares during the period. Finally, MFA Wealth Advisors LLC boosted its holdings in shares of iShares Global Energy ETF by 5.2% in the fourth quarter. MFA Wealth Advisors LLC now owns 303,969 shares of the company’s stock valued at $12,745,000 after purchasing an additional 14,964 shares during the period.

iShares Global Energy ETF Stock Performance

Shares of NYSEARCA IXC opened at $56.05 on Friday. The firm has a market capitalization of $2.72 billion, a price-to-earnings ratio of 13.85 and a beta of 0.37. The stock has a 50 day moving average price of $54.37 and a 200 day moving average price of $47.42. iShares Global Energy ETF has a 52-week low of $36.99 and a 52-week high of $59.18.

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. Component companies include oil equipment and services, oil exploration and production, and oil refinery, oil storage and transportation, and coal and uranium mining companies.