iShares Global Energy ETF $IXC Shares Purchased by Verger Capital Management LLC

Verger Capital Management LLC increased its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 12.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 575,775 shares of the company’s stock after purchasing an additional 64,282 shares during the period. iShares Global Energy ETF makes up 7.1% of Verger Capital Management LLC’s portfolio, making the stock its 6th biggest position. Verger Capital Management LLC owned about 1.27% of iShares Global Energy ETF worth $24,142,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in IXC. Quantinno Capital Management LP raised its position in iShares Global Energy ETF by 22.1% in the second quarter. Quantinno Capital Management LP now owns 10,635 shares of the company’s stock worth $418,000 after purchasing an additional 1,925 shares in the last quarter. Strategic Wealth Investment Group LLC raised its position in iShares Global Energy ETF by 13.6% in the second quarter. Strategic Wealth Investment Group LLC now owns 12,066 shares of the company’s stock worth $474,000 after purchasing an additional 1,447 shares in the last quarter. Ameriprise Financial Inc. raised its position in iShares Global Energy ETF by 4.4% in the second quarter. Ameriprise Financial Inc. now owns 143,153 shares of the company’s stock worth $5,624,000 after purchasing an additional 6,072 shares in the last quarter. Modern Wealth Management LLC raised its position in iShares Global Energy ETF by 17.9% in the second quarter. Modern Wealth Management LLC now owns 133,283 shares of the company’s stock worth $5,237,000 after purchasing an additional 20,237 shares in the last quarter. Finally, Two Sigma Securities LLC raised its position in iShares Global Energy ETF by 37.3% in the second quarter. Two Sigma Securities LLC now owns 9,407 shares of the company’s stock worth $370,000 after purchasing an additional 2,556 shares in the last quarter.

iShares Global Energy ETF Trading Down 1.3%

Shares of iShares Global Energy ETF stock opened at $56.05 on Friday. The stock has a market capitalization of $2.72 billion, a price-to-earnings ratio of 13.85 and a beta of 0.37. iShares Global Energy ETF has a 1-year low of $36.99 and a 1-year high of $59.18. The firm’s 50-day moving average price is $54.37 and its two-hundred day moving average price is $47.42.

iShares Global Energy ETF Company 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.