Fisher Asset Management LLC Grows Position in iShares Global Energy ETF $IXC

Fisher Asset Management LLC increased its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 8.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 14,729,493 shares of the company’s stock after purchasing an additional 1,127,201 shares during the quarter. Fisher Asset Management LLC owned about 0.32% of iShares Global Energy ETF worth $617,608,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Global Energy ETF during the 4th quarter worth about $30,000. Clearstead Advisors LLC bought a new stake in iShares Global Energy ETF during the 4th quarter valued at about $31,000. Pin Oak Investment Advisors Inc. bought a new stake in iShares Global Energy ETF during the 3rd quarter valued at about $30,000. AlphaCore Capital LLC lifted its holdings in iShares Global Energy ETF by 109.7% during the 4th quarter. AlphaCore Capital LLC now owns 734 shares of the company’s stock valued at $31,000 after buying an additional 384 shares in the last quarter. Finally, Dunhill Financial LLC bought a new stake in iShares Global Energy ETF during the 4th quarter valued at about $35,000.

iShares Global Energy ETF Price Performance

Shares of IXC opened at $56.15 on Monday. iShares Global Energy ETF has a 1-year low of $37.52 and a 1-year high of $59.18. The company has a 50-day moving average of $55.37 and a 200 day moving average of $48.87. The firm has a market capitalization of $2.73 billion, a price-to-earnings ratio of 13.85 and a beta of 0.37.

iShares Global Energy ETF 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.