Wealthfront Advisers LLC Acquires 53,266 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Wealthfront Advisers LLC raised its holdings in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 163.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,858 shares of the company’s stock after buying an additional 53,266 shares during the period. Wealthfront Advisers LLC’s holdings in iShares Global Energy ETF were worth $3,278,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Atomi Financial Group Inc. purchased a new stake in shares of iShares Global Energy ETF in the 4th quarter worth $234,000. Fisher Asset Management LLC grew its holdings in iShares Global Energy ETF by 3.0% during the fourth 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 period. Fifth Third Bancorp increased its position in iShares Global Energy ETF by 75.5% in the fourth quarter. Fifth Third Bancorp now owns 2,991 shares of the company’s stock worth $114,000 after buying an additional 1,287 shares in the last quarter. Kestra Investment Management LLC increased its position in iShares Global Energy ETF by 28.6% in the third quarter. Kestra Investment Management LLC now owns 65,086 shares of the company’s stock worth $2,635,000 after buying an additional 14,473 shares in the last quarter. Finally, Sofi Wealth LLC bought a new position in shares of iShares Global Energy ETF in the fourth quarter worth about $604,000.

iShares Global Energy ETF Trading Down 0.3 %

Shares of NYSEARCA:IXC opened at $39.18 on Friday. The stock has a 50 day moving average of $39.85 and a 200 day moving average of $40.44. The company has a market cap of $1.99 billion, a PE ratio of 13.45 and a beta of 1.01. iShares Global Energy ETF has a 12-month low of $36.79 and a 12-month 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.