High Falls Advisors Inc Increases Stock Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

High Falls Advisors Inc increased its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 17.1% in the first quarter, HoldingsChannel.com reports. The fund owned 76,712 shares of the company’s stock after acquiring an additional 11,201 shares during the period. iShares Global Energy ETF comprises about 0.8% of High Falls Advisors Inc’s portfolio, making the stock its 24th largest holding. High Falls Advisors Inc’s holdings in iShares Global Energy ETF were worth $3,295,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its position in iShares Global Energy ETF by 12,125.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,339,573 shares of the company’s stock valued at $287,051,000 after buying an additional 7,279,539 shares during the period. Fisher Asset Management LLC lifted its position in iShares Global Energy ETF by 5.5% during the fourth quarter. Fisher Asset Management LLC now owns 4,788,873 shares of the company’s stock valued at $187,293,000 after buying an additional 247,674 shares during the period. Hsbc Holdings PLC purchased a new position in iShares Global Energy ETF during the fourth quarter valued at $78,055,000. CWM LLC lifted its position in iShares Global Energy ETF by 9.8% during the first quarter. CWM LLC now owns 1,735,317 shares of the company’s stock valued at $74,532,000 after buying an additional 155,547 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its position in iShares Global Energy ETF by 10,188.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,281,780 shares of the company’s stock valued at $50,130,000 after buying an additional 1,269,322 shares during the period.

iShares Global Energy ETF Trading Up 0.8 %

iShares Global Energy ETF stock traded up $0.35 on Tuesday, hitting $41.78. 418,514 shares of the stock traded hands, compared to its average volume of 876,857. The firm has a market cap of $3.43 billion, a P/E ratio of 7.86 and a beta of 0.52. The business’s fifty day simple moving average is $41.60 and its 200 day simple moving average is $41.44. iShares Global Energy ETF has a 1 year low of $37.02 and a 1 year high of $45.22.

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.