Raymond James & Associates Has $1.41 Million Stake in iShares Global Energy ETF (NYSEARCA:IXC)

Raymond James & Associates lifted its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 24.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,992 shares of the company’s stock after purchasing an additional 7,061 shares during the period. Raymond James & Associates owned approximately 0.08% of iShares Global Energy ETF worth $1,408,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Citigroup Inc. raised its stake in shares of iShares Global Energy ETF by 23.7% during the first quarter. Citigroup Inc. now owns 18,417 shares of the company’s stock worth $665,000 after buying an additional 3,523 shares during the last quarter. Bank of Montreal Can raised its stake in shares of iShares Global Energy ETF by 9.1% during the first quarter. Bank of Montreal Can now owns 172,815 shares of the company’s stock worth $6,334,000 after buying an additional 14,483 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of iShares Global Energy ETF by 78.2% during the first quarter. Cetera Investment Advisers now owns 30,290 shares of the company’s stock worth $1,095,000 after buying an additional 13,294 shares during the last quarter. Moors & Cabot Inc. bought a new stake in shares of iShares Global Energy ETF during the first quarter worth approximately $406,000. Finally, Baird Financial Group Inc. raised its stake in shares of iShares Global Energy ETF by 3.3% during the first quarter. Baird Financial Group Inc. now owns 125,994 shares of the company’s stock worth $4,555,000 after buying an additional 4,007 shares during the last quarter.

iShares Global Energy ETF Stock Performance

Shares of NYSEARCA:IXC opened at $43.61 on Friday. iShares Global Energy ETF has a 52 week low of $35.38 and a 52 week high of $45.22. The company has a market capitalization of $3.41 billion, a PE ratio of 8.03 and a beta of 0.52. The company has a 50 day moving average price of $41.57 and a two-hundred day moving average price of $40.13.

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.