Hsbc Holdings PLC Takes Position in iShares Global Energy ETF $IXC

Hsbc Holdings PLC acquired a new stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) in the 1st quarter, HoldingsChannel reports. The firm acquired 4,685,253 shares of the company’s stock, valued at approximately $269,917,000. Hsbc Holdings PLC owned 0.09% of iShares Global Energy ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Fisher Asset Management LLC lifted its stake in shares of iShares Global Energy ETF by 8.3% in the 4th quarter. Fisher Asset Management LLC now owns 14,729,493 shares of the company’s stock valued at $617,608,000 after acquiring an additional 1,127,201 shares during the last quarter. Evergreen Capital Management LLC raised its position in iShares Global Energy ETF by 1.2% in the fourth quarter. Evergreen Capital Management LLC now owns 624,706 shares of the company’s stock valued at $26,194,000 after purchasing an additional 7,691 shares during the last quarter. Verger Capital Management LLC boosted its stake in shares of iShares Global Energy ETF by 12.6% during the fourth quarter. Verger Capital Management LLC now owns 575,775 shares of the company’s stock valued at $24,142,000 after purchasing an additional 64,282 shares in the last quarter. UBS Group AG boosted its stake in shares of iShares Global Energy ETF by 11.6% during the fourth quarter. UBS Group AG now owns 499,935 shares of the company’s stock valued at $20,962,000 after purchasing an additional 51,793 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of iShares Global Energy ETF by 11.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 448,292 shares of the company’s stock worth $18,797,000 after purchasing an additional 44,921 shares during the last quarter.

iShares Global Energy ETF Trading Up 1.5%

NYSEARCA:IXC opened at $53.50 on Friday. The stock’s 50-day moving average is $52.84 and its 200-day moving average is $51.53. iShares Global Energy ETF has a 1-year low of $39.39 and a 1-year high of $59.18. The stock has a market cap of $2.61 billion, a P/E ratio of 13.85 and a beta of 0.35.

iShares Global Energy ETF Company 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.