Sierra Summit Advisors LLC Acquires 2,566 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Sierra Summit Advisors LLC grew its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 4.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,564 shares of the company’s stock after purchasing an additional 2,566 shares during the period. Sierra Summit Advisors LLC’s holdings in iShares Global Energy ETF were worth $2,427,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Fisher Asset Management LLC raised its holdings in shares of iShares Global Energy ETF by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 10,131,253 shares of the company’s stock valued at $386,811,000 after purchasing an additional 298,815 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares Global Energy ETF by 44.3% during the 4th quarter. JPMorgan Chase & Co. now owns 1,425,674 shares of the company’s stock valued at $54,432,000 after buying an additional 437,984 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Global Energy ETF by 7.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 958,038 shares of the company’s stock valued at $36,578,000 after buying an additional 69,793 shares during the last quarter. Dynasty Wealth Management LLC bought a new position in shares of iShares Global Energy ETF during the 4th quarter valued at $35,969,000. Finally, LPL Financial LLC boosted its stake in shares of iShares Global Energy ETF by 9.7% in the 4th quarter. LPL Financial LLC now owns 770,803 shares of the company’s stock worth $29,429,000 after buying an additional 67,886 shares during the last quarter.

iShares Global Energy ETF Price Performance

Shares of IXC opened at $36.37 on Monday. iShares Global Energy ETF has a one year low of $34.42 and a one year high of $45.22. The business has a fifty day moving average of $40.19 and a 200 day moving average of $40.50. The firm has a market capitalization of $1.85 billion, a P/E ratio of 14.91 and a beta of 0.74.

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.