iShares Global Energy ETF $IXC Shares Bought by UBS Group AG

UBS Group AG boosted its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 11.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 499,935 shares of the company’s stock after buying an additional 51,793 shares during the period. UBS Group AG owned 1.10% of iShares Global Energy ETF worth $20,962,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Dunhill Financial LLC acquired a new stake in shares of iShares Global Energy ETF in the fourth quarter worth approximately $35,000. Evergreen Capital Management LLC raised its stake in 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 purchasing an additional 7,691 shares during the last quarter. Elevated Capital Advisors LLC acquired a new position in iShares Global Energy ETF in the 4th quarter valued at $41,000. Farther Finance Advisors LLC raised its stake in iShares Global Energy ETF by 21.1% in the 4th quarter. Farther Finance Advisors LLC now owns 15,319 shares of the company’s stock valued at $642,000 after purchasing an additional 2,665 shares during the last quarter. Finally, ABLE Financial Group LLC acquired a new position in iShares Global Energy ETF in the 4th quarter valued at $272,000.

iShares Global Energy ETF Stock Performance

Shares of IXC stock opened at $54.38 on Tuesday. iShares Global Energy ETF has a fifty-two week low of $37.46 and a fifty-two week high of $59.18. The stock’s fifty day moving average is $54.72 and its two-hundred day moving average is $47.96. The firm has a market capitalization of $2.64 billion, a P/E ratio of 13.85 and a beta of 0.37.

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.