Factor Wealth Management LTD Has $4.28 Million Stake in iShares Global Energy ETF $IXC

Factor Wealth Management LTD lifted its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 18.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 74,287 shares of the company’s stock after purchasing an additional 11,793 shares during the quarter. Factor Wealth Management LTD’s holdings in iShares Global Energy ETF were worth $4,280,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in IXC. Fisher Asset Management LLC grew its position in iShares Global Energy ETF by 8.3% during the fourth quarter. Fisher Asset Management LLC now owns 14,729,493 shares of the company’s stock valued at $617,608,000 after purchasing an additional 1,127,201 shares in the last quarter. Evergreen Capital Management LLC lifted its position 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 worth $26,194,000 after buying an additional 7,691 shares in the last quarter. Verger Capital Management LLC lifted its position in iShares Global Energy ETF by 12.6% in the 4th quarter. Verger Capital Management LLC now owns 575,775 shares of the company’s stock worth $24,142,000 after buying an additional 64,282 shares in the last quarter. UBS Group AG boosted its stake in shares of iShares Global Energy ETF by 11.6% during the 4th quarter. UBS Group AG now owns 499,935 shares of the company’s stock valued at $20,962,000 after buying an additional 51,793 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in shares of iShares Global Energy ETF by 11.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 448,292 shares of the company’s stock valued at $18,797,000 after buying an additional 44,921 shares during the period.

iShares Global Energy ETF Stock Down 2.1%

iShares Global Energy ETF stock opened at $49.54 on Thursday. iShares Global Energy ETF has a 12 month low of $38.88 and a 12 month high of $59.18. The stock has a market cap of $2.41 billion, a P/E ratio of 13.85 and a beta of 0.34. The company’s fifty day simple moving average is $54.05 and its 200-day simple moving average is $50.55.

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.