UBS Group AG Grows Stock Holdings in iShares Global Energy ETF $IXC

UBS Group AG lifted its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 11.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 499,935 shares of the company’s stock after purchasing an additional 51,793 shares during the period. UBS Group AG’s holdings in iShares Global Energy ETF were worth $20,962,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. MFA Wealth Advisors LLC boosted its stake in iShares Global Energy ETF by 5.2% during the fourth quarter. MFA Wealth Advisors LLC now owns 303,969 shares of the company’s stock worth $12,745,000 after buying an additional 14,964 shares during the last quarter. Dara Capital US Inc. acquired a new position in shares of iShares Global Energy ETF during the 4th quarter valued at about $925,000. Fisher Asset Management LLC boosted its position in shares of iShares Global Energy ETF by 8.5% during the 3rd quarter. Fisher Asset Management LLC now owns 13,602,292 shares of the company’s stock valued at $567,896,000 after acquiring an additional 1,068,318 shares during the last quarter. Client 1ST Advisory Group LLC grew its holdings in shares of iShares Global Energy ETF by 19.0% in the fourth quarter. Client 1ST Advisory Group LLC now owns 88,525 shares of the company’s stock valued at $3,712,000 after purchasing an additional 14,127 shares during the period. Finally, J. Safra Sarasin Holding AG acquired a new stake in iShares Global Energy ETF during the fourth quarter worth about $953,000.

iShares Global Energy ETF Price Performance

Shares of IXC stock opened at $54.38 on Tuesday. The company has a market capitalization of $2.64 billion, a PE ratio of 13.85 and a beta of 0.37. The firm’s 50-day moving average is $54.72 and its two-hundred day moving average is $47.96. iShares Global Energy ETF has a 12 month low of $37.46 and a 12 month high of $59.18.

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. Component companies include oil equipment and services, oil exploration and production, and oil refinery, oil storage and transportation, and coal and uranium mining companies.