Union Bancaire Privee UBP SA trimmed its position in shares of iShares Global Energy ETF (NYSEARCA:IXC – Free Report) by 23.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,497 shares of the company’s stock after selling 4,167 shares during the period. Union Bancaire Privee UBP SA’s holdings in iShares Global Energy ETF were worth $554,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in the company. Fisher Asset Management LLC grew its holdings in iShares Global Energy ETF by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 10,131,253 shares of the company’s stock valued at $386,811,000 after purchasing an additional 298,815 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Global Energy ETF by 44.3% during the 4th quarter. JPMorgan Chase & Co. now owns 1,425,674 shares of the company’s stock valued at $54,432,000 after purchasing an additional 437,984 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares Global Energy ETF by 7.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 958,038 shares of the company’s stock valued at $36,578,000 after purchasing an additional 69,793 shares during the last quarter. Dynasty Wealth Management LLC bought a new position in iShares Global Energy ETF during the 4th quarter valued at about $35,969,000. Finally, Focus Partners Wealth grew its holdings in iShares Global Energy ETF by 210.3% during the 4th quarter. Focus Partners Wealth now owns 901,237 shares of the company’s stock valued at $34,409,000 after purchasing an additional 610,786 shares during the last quarter.
iShares Global Energy ETF Trading Up 1.7%
Shares of NYSEARCA:IXC opened at $41.13 on Friday. The company has a market capitalization of $2.09 billion, a price-to-earnings ratio of 13.55 and a beta of 0.70. iShares Global Energy ETF has a 12 month low of $33.89 and a 12 month high of $43.29. The firm’s 50-day moving average is $37.92 and its 200 day moving average is $39.18.
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.
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