International Assets Investment Management LLC Acquires New Stake in iShares Global Energy ETF (NYSEARCA:IXC)

International Assets Investment Management LLC acquired a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 3,389 shares of the company’s stock, valued at approximately $141,000.

Several other hedge funds also recently made changes to their positions in IXC. Envestnet Asset Management Inc. boosted its stake in shares of iShares Global Energy ETF by 12,125.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,339,573 shares of the company’s stock valued at $287,051,000 after buying an additional 7,279,539 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of iShares Global Energy ETF during the 4th quarter worth $78,055,000. The Manufacturers Life Insurance Company grew its stake in shares of iShares Global Energy ETF by 10,188.8% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,281,780 shares of the company’s stock worth $50,130,000 after purchasing an additional 1,269,322 shares during the period. Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares Global Energy ETF by 14,638.6% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,061,622 shares of the company’s stock valued at $41,520,000 after purchasing an additional 1,054,419 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in shares of iShares Global Energy ETF by 5,877.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 413,715 shares of the company’s stock valued at $16,180,000 after purchasing an additional 406,794 shares during the period.

iShares Global Energy ETF Trading Down 0.2 %

IXC stock opened at $41.95 on Tuesday. iShares Global Energy ETF has a 52 week low of $37.02 and a 52 week high of $45.22. The company has a market cap of $3.45 billion, a P/E ratio of 7.86 and a beta of 0.52. The company’s 50-day moving average price is $41.44 and its 200 day moving average price is $41.92.

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.