J. Safra Sarasin Holding AG Takes Position in iShares Global Energy ETF $IXC

J. Safra Sarasin Holding AG purchased a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC) during the fourth quarter, HoldingsChannel reports. The firm purchased 22,727 shares of the company’s stock, valued at approximately $953,000.

Other institutional investors also recently modified their holdings of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in iShares Global Energy ETF during the 3rd quarter worth about $990,000. Client 1ST Advisory Group LLC increased its stake in shares of iShares Global Energy ETF by 26.8% in the third quarter. Client 1ST Advisory Group LLC now owns 74,398 shares of the company’s stock valued at $3,106,000 after buying an additional 15,715 shares during the period. Verger Capital Management LLC increased its stake in shares of iShares Global Energy ETF by 11.6% in the third quarter. Verger Capital Management LLC now owns 511,493 shares of the company’s stock valued at $21,355,000 after buying an additional 53,064 shares during the period. J.Safra Asset Management Corp raised its position in shares of iShares Global Energy ETF by 163.5% during the third quarter. J.Safra Asset Management Corp now owns 20,157 shares of the company’s stock worth $842,000 after acquiring an additional 12,507 shares during the last quarter. Finally, Evergreen Capital Management LLC raised its position in shares of iShares Global Energy ETF by 3.4% during the third quarter. Evergreen Capital Management LLC now owns 617,015 shares of the company’s stock worth $25,760,000 after acquiring an additional 20,208 shares during the last quarter.

iShares Global Energy ETF Price Performance

iShares Global Energy ETF stock opened at $55.82 on Thursday. The stock’s 50 day moving average is $51.62 and its 200 day moving average is $45.50. iShares Global Energy ETF has a one year low of $33.89 and a one year high of $59.18. The firm has a market cap of $2.54 billion, a P/E ratio of 13.85 and a beta of 0.69.

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.