iShares Global Energy ETF (NYSEARCA:IXC – Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $59.68 and last traded at $59.5310, with a volume of 27115 shares traded. The stock had previously closed at $58.41.
iShares Global Energy ETF Trading Up 1.0%
The company’s 50 day moving average price is $55.25 and its two-hundred day moving average price is $54.40. The firm has a market cap of $3.08 billion, a PE ratio of 13.85 and a beta of 0.36.
Hedge Funds Weigh In On iShares Global Energy ETF
Several large investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC raised its position in shares of iShares Global Energy ETF by 6.2% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 24,730 shares of the company’s stock valued at $1,215,000 after purchasing an additional 1,440 shares during the period. NewEdge Advisors LLC increased its stake in iShares Global Energy ETF by 2.4% in the 2nd quarter. NewEdge Advisors LLC now owns 14,283 shares of the company’s stock worth $702,000 after buying an additional 338 shares in the last quarter. Squarepoint Ops LLC bought a new stake in iShares Global Energy ETF during the second quarter valued at about $1,541,000. Baird Financial Group Inc. lifted its position in shares of iShares Global Energy ETF by 9.9% in the second quarter. Baird Financial Group Inc. now owns 6,220 shares of the company’s stock valued at $306,000 after acquiring an additional 562 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in shares of iShares Global Energy ETF in the second quarter worth about $235,000.
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.
See Also
- Five stocks we like better than iShares Global Energy ETF
- Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
- GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
- Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
- Sovereign AI: Palantir and Nebius Cut the Cloud Cord
Receive News & Ratings for iShares Global Energy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global Energy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
