Morningstar Investment Management LLC Acquires New Position in iShares Global Energy ETF $IXC

Morningstar Investment Management LLC acquired a new stake in iShares Global Energy ETF (NYSEARCA:IXC) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 154,885 shares of the company’s stock, valued at approximately $8,923,000. Morningstar Investment Management LLC owned about 0.32% of iShares Global Energy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Hsbc Holdings PLC bought a new stake in shares of iShares Global Energy ETF during the 1st quarter valued at $269,917,000. Fisher Asset Management LLC lifted its stake in shares of iShares Global Energy ETF by 8.3% in the 4th 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 during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Global Energy ETF by 4,521.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 394,266 shares of the company’s stock worth $16,532,000 after purchasing an additional 385,735 shares during the last quarter. Alliancebernstein L.P. bought a new position in shares of iShares Global Energy ETF in the 3rd quarter worth $7,510,000. Finally, Beacon Pointe Advisors LLC acquired a new stake in shares of iShares Global Energy ETF during the fourth quarter worth $4,083,000.

iShares Global Energy ETF Stock Up 0.1%

Shares of iShares Global Energy ETF stock opened at $55.50 on Friday. The business has a fifty day simple moving average of $52.81 and a 200 day simple moving average of $51.97. The stock has a market cap of $2.75 billion, a PE ratio of 13.85 and a beta of 0.35. iShares Global Energy ETF has a 12 month low of $39.45 and a 12 month high of $59.18.

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.