iShares Global Energy ETF $IXC Position Raised by Versant Capital Management Inc

Versant Capital Management Inc increased its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 2.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 508,556 shares of the company’s stock after purchasing an additional 10,640 shares during the period. iShares Global Energy ETF comprises about 2.4% of Versant Capital Management Inc’s portfolio, making the stock its 7th largest holding. Versant Capital Management Inc’s holdings in iShares Global Energy ETF were worth $28,972,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Clearstead Advisors LLC bought a new position in shares of iShares Global Energy ETF in the fourth quarter worth approximately $31,000. Darwin Wealth Management LLC purchased a new stake in iShares Global Energy ETF in the 1st quarter worth $33,000. Parallel Advisors LLC increased its stake in iShares Global Energy ETF by 51.9% in the 1st quarter. Parallel Advisors LLC now owns 629 shares of the company’s stock worth $36,000 after buying an additional 215 shares in the last quarter. Scarborough Advisors LLC bought a new stake in iShares Global Energy ETF during the first quarter valued at about $40,000. Finally, PNC Financial Services Group Inc. lifted its position in shares of iShares Global Energy ETF by 54.3% in the first quarter. PNC Financial Services Group Inc. now owns 696 shares of the company’s stock valued at $40,000 after acquiring an additional 245 shares in the last quarter.

iShares Global Energy ETF Stock Up 1.3%

NYSEARCA IXC opened at $57.70 on Friday. The firm has a market cap of $3.02 billion, a price-to-earnings ratio of 13.85 and a beta of 0.36. The business has a 50-day moving average price of $57.24 and a 200-day moving average price of $55.10. iShares Global Energy ETF has a twelve month low of $40.05 and a twelve month high of $60.69.

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.