Envestnet Portfolio Solutions Inc. Increases Stock Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

Envestnet Portfolio Solutions Inc. raised its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 0.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 117,546 shares of the company’s stock after purchasing an additional 1,103 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 0.14% of iShares Global Energy ETF worth $4,488,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of IXC. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Global Energy ETF in the 4th quarter valued at approximately $28,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares Global Energy ETF in the 4th quarter valued at approximately $31,000. Erste Asset Management GmbH acquired a new stake in shares of iShares Global Energy ETF in the 3rd quarter valued at approximately $32,000. Winch Advisory Services LLC lifted its holdings in shares of iShares Global Energy ETF by 776.9% in the 4th quarter. Winch Advisory Services LLC now owns 1,482 shares of the company’s stock valued at $57,000 after buying an additional 1,313 shares during the period. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in shares of iShares Global Energy ETF in the 4th quarter valued at approximately $61,000.

iShares Global Energy ETF Price Performance

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

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.