iShares Global Energy ETF $IXC Stake Boosted by Factor Wealth Management LTD

Factor Wealth Management LTD boosted its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 18.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 74,287 shares of the company’s stock after buying an additional 11,793 shares during the period. Factor Wealth Management LTD owned about 0.15% of iShares Global Energy ETF worth $4,280,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Cerity Partners LLC lifted its position in shares of iShares Global Energy ETF by 1.6% in the 4th quarter. Cerity Partners LLC now owns 12,721 shares of the company’s stock valued at $533,000 after acquiring an additional 198 shares in the last quarter. Pines Wealth Management LLC grew its position in iShares Global Energy ETF by 5.8% during the 4th quarter. Pines Wealth Management LLC now owns 5,322 shares of the company’s stock worth $223,000 after purchasing an additional 291 shares in the last quarter. AlphaCore Capital LLC grew its position in iShares Global Energy ETF by 109.7% during the 4th quarter. AlphaCore Capital LLC now owns 734 shares of the company’s stock worth $31,000 after purchasing an additional 384 shares in the last quarter. Sound Income Strategies LLC raised its stake in iShares Global Energy ETF by 23.9% during the 4th quarter. Sound Income Strategies LLC now owns 2,071 shares of the company’s stock valued at $92,000 after purchasing an additional 400 shares during the period. Finally, Manchester Capital Management LLC raised its stake in iShares Global Energy ETF by 200.0% during the 4th quarter. Manchester Capital Management LLC now owns 600 shares of the company’s stock valued at $25,000 after purchasing an additional 400 shares during the period.

iShares Global Energy ETF Stock Down 2.1%

IXC opened at $49.54 on Thursday. The stock has a fifty day moving average of $54.05 and a 200-day moving average of $50.55. The firm has a market capitalization of $2.41 billion, a P/E ratio of 13.85 and a beta of 0.34. iShares Global Energy ETF has a 12-month low of $38.88 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.