iShares MSCI Global Energy Producers ETF (NYSEARCA:FILL) Trading Up 0.7% – Here’s Why

iShares MSCI Global Energy Producers ETF (NYSEARCA:FILL)’s share price shot up 0.7% during mid-day trading on Tuesday . The company traded as high as $24.24 and last traded at $24.15. 4,590 shares changed hands during trading, a decline of 71% from the average session volume of 15,774 shares. The stock had previously closed at $23.98.

iShares MSCI Global Energy Producers ETF Stock Performance

The firm has a fifty day moving average price of $23.59 and a 200 day moving average price of $24.60. The company has a market cap of $94.19 million, a price-to-earnings ratio of 6.89 and a beta of 0.45.

Institutional Investors Weigh In On iShares MSCI Global Energy Producers ETF

A hedge fund recently raised its stake in iShares MSCI Global Energy Producers ETF stock. Tidemark LLC raised its stake in iShares MSCI Global Energy Producers ETF (NYSEARCA:FILL) by 93.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,785 shares of the company’s stock after purchasing an additional 1,825 shares during the period. Tidemark LLC owned 0.10% of iShares MSCI Global Energy Producers ETF worth $94,000 at the end of the most recent quarter.

iShares MSCI Global Energy Producers ETF Company Profile

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.