iShares MSCI Global Energy Producers ETF (NYSEARCA:FILL) Shares Up 0.6% – Should You Buy?

iShares MSCI Global Energy Producers ETF (NYSEARCA:FILL)’s share price rose 0.6% during mid-day trading on Thursday . The company traded as high as $24.63 and last traded at $24.61. Approximately 8,167 shares changed hands during trading, a decline of 56% from the average daily volume of 18,505 shares. The stock had previously closed at $24.45.

iShares MSCI Global Energy Producers ETF Trading Up 0.6 %

The stock has a 50 day simple moving average of $25.08 and a 200-day simple moving average of $25.80. The firm has a market capitalization of $95.98 million, a P/E ratio of 6.89 and a beta of 0.45.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares MSCI Global Energy Producers ETF stock. Planned Solutions Inc. grew its stake in shares of iShares MSCI Global Energy Producers ETF (NYSEARCA:FILL) by 3.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 112,175 shares of the company’s stock after buying an additional 3,899 shares during the period. iShares MSCI Global Energy Producers ETF accounts for 1.1% of Planned Solutions Inc.’s portfolio, making the stock its 15th biggest holding. Planned Solutions Inc. owned 2.88% of iShares MSCI Global Energy Producers ETF worth $2,783,000 as of its most recent filing with the Securities & Exchange Commission.

About iShares MSCI Global Energy Producers ETF

The iShares MSCI Global Energy Producers ETF (FILL) is an exchange-traded fund that mostly invests in energy equity. The fund tracks an index of companies in developed and emerging markets that are primarily engaged in the business of energy exploration and production. FILL was launched on Jan 31, 2012 and is managed by BlackRock.