First Horizon Advisors Inc. Makes New $602,000 Investment in iShares Global Energy ETF (NYSEARCA:IXC)

First Horizon Advisors Inc. bought a new stake in iShares Global Energy ETF (NYSEARCA:IXC) during the 4th quarter, HoldingsChannel reports. The fund bought 15,389 shares of the company’s stock, valued at approximately $602,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in IXC. Commonwealth Equity Services LLC boosted its position in shares of iShares Global Energy ETF by 35.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 140,267 shares of the company’s stock worth $5,787,000 after acquiring an additional 36,404 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in iShares Global Energy ETF by 94.2% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 176,362 shares of the company’s stock worth $7,277,000 after purchasing an additional 85,557 shares during the last quarter. J.W. Cole Advisors Inc. acquired a new stake in shares of iShares Global Energy ETF in the 3rd quarter valued at $312,000. Fiduciary Planning LLC bought a new position in shares of iShares Global Energy ETF in the 3rd quarter valued at $1,204,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of iShares Global Energy ETF during the 3rd quarter worth $1,075,000.

iShares Global Energy ETF Stock Up 0.0 %

Shares of IXC stock opened at $42.88 on Friday. The business has a fifty day simple moving average of $42.47 and a 200 day simple moving average of $40.37. The company has a market cap of $3.52 billion, a P/E ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a twelve month low of $35.38 and a twelve 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.