iShares Global Energy ETF (NYSEARCA:IXC) Shares Purchased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. raised its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 0.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 117,546 shares of the company’s stock after purchasing an additional 1,103 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in iShares Global Energy ETF were worth $4,488,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in IXC. Fisher Asset Management LLC grew its holdings in shares of iShares Global Energy ETF by 17.9% during the third quarter. Fisher Asset Management LLC now owns 9,832,438 shares of the company’s stock valued at $398,017,000 after purchasing an additional 1,491,283 shares during the last quarter. Dynasty Wealth Management LLC bought a new position in shares of iShares Global Energy ETF during the fourth quarter valued at approximately $35,969,000. Raymond James Financial Inc. bought a new position in shares of iShares Global Energy ETF during the fourth quarter valued at approximately $8,420,000. GenTrust LLC grew its holdings in shares of iShares Global Energy ETF by 342.5% during the fourth quarter. GenTrust LLC now owns 163,679 shares of the company’s stock valued at $6,249,000 after purchasing an additional 126,688 shares during the last quarter. Finally, Truist Financial Corp grew its holdings in shares of iShares Global Energy ETF by 1,032.1% during the fourth quarter. Truist Financial Corp now owns 113,837 shares of the company’s stock valued at $4,346,000 after purchasing an additional 103,782 shares during the last quarter.

iShares Global Energy ETF Price Performance

Shares of IXC stock opened at $40.93 on Wednesday. iShares Global Energy ETF has a 12-month low of $36.79 and a 12-month high of $45.22. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of 14.23 and a beta of 0.98. The business has a 50 day simple moving average of $39.94 and a 200 day simple moving average of $40.39.

About iShares Global Energy ETF

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.