iShares MSCI Global Energy Producers ETF (NYSEARCA:FILL) Trading Up 0.6% – Here’s What Happened

iShares MSCI Global Energy Producers ETF (NYSEARCA:FILL)’s share price shot up 0.6% on Tuesday . The company traded as high as $24.3399 and last traded at $24.2030. 58,633 shares traded hands during mid-day trading, an increase of 374% from the average session volume of 12,365 shares. The stock had previously closed at $24.06.

iShares MSCI Global Energy Producers ETF Price Performance

The firm has a market cap of $77.45 million, a price-to-earnings ratio of 12.89 and a beta of 0.66. The firm has a fifty day simple moving average of $24.64 and a two-hundred day simple moving average of $24.76.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Flow Traders U.S. LLC raised its holdings in shares of iShares MSCI Global Energy Producers ETF by 608.1% during the second quarter. Flow Traders U.S. LLC now owns 80,611 shares of the company’s stock worth $1,912,000 after purchasing an additional 69,227 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in iShares MSCI Global Energy Producers ETF by 17.3% in the third quarter. Jones Financial Companies Lllp now owns 7,949 shares of the company’s stock valued at $205,000 after purchasing an additional 1,170 shares during the last quarter. Finally, Planned Solutions Inc. raised its stake in shares of iShares MSCI Global Energy Producers ETF by 1.4% during the 3rd quarter. Planned Solutions Inc. now owns 38,212 shares of the company’s stock valued at $959,000 after buying an additional 523 shares during the last quarter.

About iShares MSCI Global Energy Producers ETF

The iShares MSCI Global Energy Producers ETF (FILL) is an exchange-traded fund that mostly invests in energy equity. The fund tracks an index of companies in developed and emerging markets that are primarily engaged in the business of energy exploration and production. FILL was launched on Jan 31, 2012 and is managed by BlackRock.