Evergreen Capital Management LLC Acquires New Holdings in iShares Global Energy ETF $IXC

Evergreen Capital Management LLC acquired a new stake in iShares Global Energy ETF (NYSEARCA:IXC) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 641,856 shares of the company’s stock, valued at approximately $36,567,000. iShares Global Energy ETF accounts for about 0.6% of Evergreen Capital Management LLC’s portfolio, making the stock its 28th biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Root Financial Partners LLC bought a new stake in shares of iShares Global Energy ETF during the third quarter worth $26,000. Barrett & Company Inc. acquired a new position in shares of iShares Global Energy ETF during the third quarter worth $31,000. Darwin Wealth Management LLC acquired a new position in shares of iShares Global Energy ETF during the first quarter worth $33,000. CX Institutional acquired a new position in shares of iShares Global Energy ETF during the third quarter worth $34,000. Finally, Parallel Advisors LLC lifted its stake in shares of iShares Global Energy ETF by 51.9% in the 1st quarter. Parallel Advisors LLC now owns 629 shares of the company’s stock valued at $36,000 after acquiring an additional 215 shares during the last quarter.

iShares Global Energy ETF Stock Performance

Shares of IXC opened at $63.88 on Friday. iShares Global Energy ETF has a 52 week low of $40.55 and a 52 week high of $64.14. The stock has a market capitalization of $3.42 billion, a price-to-earnings ratio of 13.85 and a beta of 0.40. The stock has a fifty day moving average of $59.15 and a 200-day moving average of $55.63.

About iShares Global Energy ETF

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.