Versant Capital Management Inc Raises Stock Holdings in iShares Global Energy ETF $IXC

Versant Capital Management Inc boosted its position in iShares Global Energy ETF (NYSEARCA:IXC) by 2.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 497,916 shares of the company’s stock after purchasing an additional 11,463 shares during the period. iShares Global Energy ETF accounts for about 2.2% of Versant Capital Management Inc’s portfolio, making the stock its 6th biggest holding. Versant Capital Management Inc owned about 1.22% of iShares Global Energy ETF worth $24,463,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Fisher Asset Management LLC increased its stake in shares of iShares Global Energy ETF by 8.3% in the fourth quarter. Fisher Asset Management LLC now owns 14,729,493 shares of the company’s stock valued at $617,608,000 after buying an additional 1,127,201 shares during the period. Hsbc Holdings PLC acquired a new stake in iShares Global Energy ETF during the 1st quarter worth approximately $269,917,000. Evergreen Capital Management LLC grew its holdings in iShares Global Energy ETF by 1.2% during the 4th quarter. Evergreen Capital Management LLC now owns 624,706 shares of the company’s stock worth $26,194,000 after acquiring an additional 7,691 shares during the last quarter. Verger Capital Management LLC grew its holdings in iShares Global Energy ETF by 12.6% during the 4th quarter. Verger Capital Management LLC now owns 575,775 shares of the company’s stock worth $24,142,000 after acquiring an additional 64,282 shares during the last quarter. Finally, UBS Group AG increased its position in iShares Global Energy ETF by 11.6% in the 4th quarter. UBS Group AG now owns 499,935 shares of the company’s stock valued at $20,962,000 after acquiring an additional 51,793 shares during the period.

iShares Global Energy ETF Stock Performance

Shares of NYSEARCA:IXC opened at $54.97 on Tuesday. The firm has a market cap of $2.83 billion, a PE ratio of 13.85 and a beta of 0.35. iShares Global Energy ETF has a 52 week low of $39.45 and a 52 week high of $59.18. The firm’s fifty day moving average is $52.60 and its 200-day moving average is $52.54.

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.