Sovran Advisors LLC Purchases New Position in iShares Global Energy ETF (NYSEARCA:IXC)

Sovran Advisors LLC acquired a new stake in iShares Global Energy ETF (NYSEARCA:IXC) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,821 shares of the company’s stock, valued at approximately $475,000.

Other hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC increased its holdings in shares of iShares Global Energy ETF by 17.9% in the 3rd quarter. Fisher Asset Management LLC now owns 9,832,438 shares of the company’s stock valued at $398,017,000 after acquiring an additional 1,491,283 shares during the period. International Assets Investment Management LLC grew its position in iShares Global Energy ETF by 2,945.3% during the 3rd quarter. International Assets Investment Management LLC now owns 103,205 shares of the company’s stock worth $4,178,000 after purchasing an additional 99,816 shares during the last quarter. Strategic Wealth Investment Group LLC increased its stake in iShares Global Energy ETF by 52.6% in the third quarter. Strategic Wealth Investment Group LLC now owns 218,182 shares of the company’s stock valued at $9,020,000 after purchasing an additional 75,242 shares during the period. Park Avenue Securities LLC raised its holdings in shares of iShares Global Energy ETF by 47.6% in the fourth quarter. Park Avenue Securities LLC now owns 117,452 shares of the company’s stock valued at $4,484,000 after buying an additional 37,862 shares during the last quarter. Finally, Wall Street Financial Group Inc. acquired a new stake in shares of iShares Global Energy ETF during the fourth quarter worth about $1,328,000.

iShares Global Energy ETF Trading Down 1.8 %

iShares Global Energy ETF stock opened at $39.90 on Thursday. The stock has a 50 day moving average of $39.46 and a two-hundred day moving average of $40.64. iShares Global Energy ETF has a twelve month low of $36.79 and a twelve month high of $45.22. The stock has a market capitalization of $3.28 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52.

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.