Shares of iShares Global Energy ETF (NYSEARCA:IXC – Get Free Report) saw unusually-high trading volume on Monday. 3,409,312 shares were traded during mid-day trading, an increase of 261% from the average daily volume of 944,591 shares. The stock last traded at $57.1590 and had previously closed at $57.03.
iShares Global Energy ETF Trading Down 0.2%
The stock has a 50 day simple moving average of $59.84 and a 200-day simple moving average of $54.93. The firm has a market cap of $3.08 billion, a PE ratio of 13.85 and a beta of 0.37.
Hedge Funds Weigh In On iShares Global Energy ETF
Hedge funds have recently made changes to their positions in the business. Hantz Financial Services Inc. purchased a new position in iShares Global Energy ETF in the 3rd quarter worth approximately $25,000. Root Financial Partners LLC purchased a new stake in iShares Global Energy ETF during the 3rd quarter valued at approximately $26,000. SYM FINANCIAL Corp purchased a new stake in iShares Global Energy ETF during the 3rd quarter valued at approximately $27,000. Barrett & Company Inc. purchased a new stake in iShares Global Energy ETF during the 3rd quarter valued at approximately $31,000. Finally, Darwin Wealth Management LLC purchased a new stake in iShares Global Energy ETF during the 1st quarter valued at approximately $33,000.
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.
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