Ewing Morris & Co. Investment Partners Ltd. Acquires New Position in iShares Global Energy ETF $IXC

Ewing Morris & Co. Investment Partners Ltd. bought a new position in iShares Global Energy ETF (NYSEARCA:IXC) in the second quarter, Holdings Channel reports. The institutional investor bought 15,225 shares of the company’s stock, valued at approximately $748,000.

Other hedge funds also recently bought and sold shares of the company. Hsbc Holdings PLC bought a new position in iShares Global Energy ETF during the first quarter valued at approximately $269,917,000. Fisher Asset Management LLC lifted its holdings in shares of iShares Global Energy ETF by 8.3% in the 4th quarter. Fisher Asset Management LLC now owns 14,729,493 shares of the company’s stock worth $617,608,000 after acquiring an additional 1,127,201 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Global Energy ETF by 4,521.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 394,266 shares of the company’s stock worth $16,532,000 after acquiring an additional 385,735 shares during the last quarter. Alliancebernstein L.P. bought a new stake in shares of iShares Global Energy ETF in the 3rd quarter worth approximately $7,510,000. Finally, Morningstar Investment Management LLC purchased a new stake in shares of iShares Global Energy ETF in the 1st quarter valued at $8,923,000.

iShares Global Energy ETF Stock Performance

IXC stock opened at $59.20 on Thursday. iShares Global Energy ETF has a 52 week low of $40.05 and a 52 week high of $59.46. The firm’s fifty day moving average is $54.28 and its 200 day moving average is $54.09. The firm has a market cap of $3.05 billion, a P/E ratio of 13.85 and a beta of 0.35.

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.