Royal Bank of Canada Buys 40,364 Shares of iShares Global Energy ETF $IXC

Royal Bank of Canada lifted its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 28.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 179,975 shares of the company’s stock after acquiring an additional 40,364 shares during the quarter. Royal Bank of Canada’s holdings in iShares Global Energy ETF were worth $10,368,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Manchester Capital Management LLC boosted its holdings in shares of iShares Global Energy ETF by 200.0% in the fourth 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. Group One Trading LLC increased its holdings in iShares Global Energy ETF by 250.0% during the 4th quarter. Group One Trading LLC now owns 700 shares of the company’s stock worth $29,000 after purchasing an additional 500 shares during the period. Pin Oak Investment Advisors Inc. bought a new stake in iShares Global Energy ETF during the 3rd quarter valued at $30,000. AlphaCore Capital LLC lifted its holdings in shares of iShares Global Energy ETF by 109.7% in the 4th quarter. AlphaCore Capital LLC now owns 734 shares of the company’s stock worth $31,000 after buying an additional 384 shares during the period. Finally, Clearstead Advisors LLC purchased a new stake in shares of iShares Global Energy ETF in the 4th quarter worth $31,000.

iShares Global Energy ETF Trading Down 0.9%

IXC opened at $53.62 on Friday. The company has a market capitalization of $2.76 billion, a price-to-earnings ratio of 13.85 and a beta of 0.35. iShares Global Energy ETF has a 12-month low of $39.46 and a 12-month high of $59.18. The business’s fifty day simple moving average is $52.60 and its 200-day simple moving average is $52.76.

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.