Cobblestone Asset Management LLC Boosts Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

Cobblestone Asset Management LLC raised its position in iShares Global Energy ETF (NYSEARCA:IXC) by 22.1% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 28,555 shares of the company’s stock after buying an additional 5,172 shares during the quarter. iShares Global Energy ETF comprises about 0.8% of Cobblestone Asset Management LLC’s holdings, making the stock its 21st largest position. Cobblestone Asset Management LLC’s holdings in iShares Global Energy ETF were worth $1,226,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in iShares Global Energy ETF by 12,125.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,339,573 shares of the company’s stock worth $287,051,000 after purchasing an additional 7,279,539 shares in the last quarter. Hsbc Holdings PLC acquired a new stake in shares of iShares Global Energy ETF in the 4th quarter valued at approximately $78,055,000. CWM LLC boosted its stake in shares of iShares Global Energy ETF by 120,585.3% in the fourth quarter. CWM LLC now owns 1,579,770 shares of the company’s stock valued at $61,785,000 after buying an additional 1,578,461 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in iShares Global Energy ETF by 10,188.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,281,780 shares of the company’s stock worth $50,130,000 after acquiring an additional 1,269,322 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its position in iShares Global Energy ETF by 14,638.6% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,061,622 shares of the company’s stock worth $41,520,000 after acquiring an additional 1,054,419 shares in the last quarter.

iShares Global Energy ETF Price Performance

Shares of NYSEARCA IXC traded up $0.16 during trading on Monday, hitting $41.67. 633,787 shares of the company were exchanged, compared to its average volume of 897,122. The firm’s fifty day moving average price is $42.46 and its 200 day moving average price is $41.07. The company has a market cap of $3.43 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a 1 year low of $35.95 and a 1 year high of $45.22.

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.