Verger Capital Management LLC Acquires 17,857 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Verger Capital Management LLC grew its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 4.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 379,735 shares of the company’s stock after acquiring an additional 17,857 shares during the quarter. iShares Global Energy ETF accounts for approximately 7.2% of Verger Capital Management LLC’s portfolio, making the stock its 6th largest holding. Verger Capital Management LLC owned about 0.46% of iShares Global Energy ETF worth $14,498,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Fisher Asset Management LLC grew its position in iShares Global Energy ETF by 17.9% in the third quarter. Fisher Asset Management LLC now owns 9,832,438 shares of the company’s stock worth $398,017,000 after acquiring an additional 1,491,283 shares in the last quarter. Truist Financial Corp grew its holdings in iShares Global Energy ETF by 1,032.1% in the 4th quarter. Truist Financial Corp now owns 113,837 shares of the company’s stock worth $4,346,000 after acquiring an additional 103,782 shares during the last quarter. International Assets Investment Management LLC raised 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 valued at $4,178,000 after purchasing an additional 99,816 shares during the last quarter. Strategic Wealth Investment Group LLC raised its holdings in shares of iShares Global Energy ETF by 52.6% during the third quarter. Strategic Wealth Investment Group LLC now owns 218,182 shares of the company’s stock valued at $9,020,000 after acquiring an additional 75,242 shares in the last quarter. Finally, Collier Financial purchased a new position in shares of iShares Global Energy ETF during the fourth quarter valued at about $1,595,000.

iShares Global Energy ETF Trading Down 1.8 %

IXC opened at $40.33 on Friday. The stock has a fifty day simple moving average of $39.42 and a two-hundred day simple moving average of $40.61. The company has a market cap of $3.32 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a 12-month low of $36.79 and a 12-month high of $45.22.

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.