Union Bancaire Privee UBP SA Buys Shares of 17,664 iShares Global Energy ETF (NYSEARCA:IXC)

Union Bancaire Privee UBP SA bought a new stake in iShares Global Energy ETF (NYSEARCA:IXC) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 17,664 shares of the company’s stock, valued at approximately $662,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Erste Asset Management GmbH purchased a new position in iShares Global Energy ETF in the third quarter valued at about $32,000. Bristlecone Advisors LLC purchased a new position in iShares Global Energy ETF in the third quarter valued at about $57,000. Winch Advisory Services LLC boosted its stake in iShares Global Energy ETF by 776.9% in the fourth quarter. Winch Advisory Services LLC now owns 1,482 shares of the company’s stock valued at $57,000 after acquiring an additional 1,313 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in iShares Global Energy ETF by 629.4% in the second quarter. Sunbelt Securities Inc. now owns 2,254 shares of the company’s stock valued at $94,000 after acquiring an additional 1,945 shares during the last quarter. Finally, Fifth Third Bancorp boosted its stake 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 valued at $114,000 after acquiring an additional 1,287 shares during the last quarter.

iShares Global Energy ETF Stock Down 0.9 %

IXC opened at $39.62 on Wednesday. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a twelve month low of $36.79 and a twelve month high of $45.22. The company’s 50-day moving average price is $40.02 and its two-hundred day moving average price is $40.80.

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.