Morningstar Investment Management LLC acquired a new stake in shares of iShares Global Energy ETF (NYSEARCA:IXC – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 154,885 shares of the company’s stock, valued at approximately $8,923,000.
Several other large investors have also recently bought and sold shares of IXC. Fisher Asset Management LLC raised its holdings in iShares Global Energy ETF by 8.3% in the fourth quarter. Fisher Asset Management LLC now owns 14,729,493 shares of the company’s stock worth $617,608,000 after purchasing an additional 1,127,201 shares during the period. Hsbc Holdings PLC bought a new position in shares of iShares Global Energy ETF during the first quarter worth $269,917,000. Evergreen Capital Management LLC grew its holdings in shares of iShares Global Energy ETF by 1.2% in the 4th quarter. Evergreen Capital Management LLC now owns 624,706 shares of the company’s stock valued at $26,194,000 after buying an additional 7,691 shares during the period. Verger Capital Management LLC grew its holdings in shares of iShares Global Energy ETF by 12.6% in the 4th quarter. Verger Capital Management LLC now owns 575,775 shares of the company’s stock valued at $24,142,000 after buying an additional 64,282 shares during the period. Finally, UBS Group AG increased its position in shares of iShares Global Energy ETF by 11.6% in the 4th quarter. UBS Group AG now owns 499,935 shares of the company’s stock valued at $20,962,000 after buying an additional 51,793 shares in the last quarter.
iShares Global Energy ETF Stock Up 0.1%
IXC opened at $55.50 on Friday. The stock has a market cap of $2.75 billion, a P/E ratio of 13.85 and a beta of 0.35. iShares Global Energy ETF has a 12 month low of $39.45 and a 12 month high of $59.18. The company has a fifty day simple moving average of $52.81 and a 200 day simple moving average of $51.97.
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.
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