Verger Capital Management LLC Acquires 53,064 Shares of iShares Global Energy ETF $IXC

Verger Capital Management LLC raised its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 11.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 511,493 shares of the company’s stock after buying an additional 53,064 shares during the quarter. iShares Global Energy ETF accounts for approximately 6.9% of Verger Capital Management LLC’s holdings, making the stock its 6th biggest holding. Verger Capital Management LLC’s holdings in iShares Global Energy ETF were worth $21,355,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC boosted its position in shares of iShares Global Energy ETF by 14.9% during the 2nd quarter. Fisher Asset Management LLC now owns 12,533,974 shares of the company’s stock valued at $492,460,000 after acquiring an additional 1,624,618 shares in the last quarter. Jane Street Group LLC raised its position in iShares Global Energy ETF by 16.3% in the first quarter. Jane Street Group LLC now owns 437,908 shares of the company’s stock worth $18,423,000 after purchasing an additional 61,294 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in iShares Global Energy ETF by 1.5% during the third quarter. Commonwealth Equity Services LLC now owns 403,371 shares of the company’s stock worth $16,841,000 after purchasing an additional 5,910 shares during the period. Versant Capital Management Inc lifted its stake in iShares Global Energy ETF by 1.8% during the second quarter. Versant Capital Management Inc now owns 356,343 shares of the company’s stock worth $14,001,000 after purchasing an additional 6,179 shares during the period. Finally, Money Design Co. Ltd. boosted its holdings in iShares Global Energy ETF by 18.9% during the second quarter. Money Design Co. Ltd. now owns 306,833 shares of the company’s stock valued at $12,055,000 after purchasing an additional 48,834 shares in the last quarter.

iShares Global Energy ETF Trading Up 1.2%

IXC stock opened at $43.36 on Tuesday. iShares Global Energy ETF has a 1-year low of $33.89 and a 1-year high of $43.87. The business’s 50 day moving average is $42.33 and its 200-day moving average is $41.30. The firm has a market cap of $1.97 billion, a P/E ratio of 13.85 and a beta of 0.69.

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.