Sierra Summit Advisors LLC Increases Stake in iShares Global Energy ETF (NYSEARCA:IXC)

Sierra Summit Advisors LLC boosted its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 4.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 63,564 shares of the company’s stock after buying an additional 2,566 shares during the period. Sierra Summit Advisors LLC owned 0.08% of iShares Global Energy ETF worth $2,427,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Benjamin Edwards Inc. purchased a new stake in shares of iShares Global Energy ETF in the 3rd quarter worth about $312,000. HighTower Advisors LLC grew its holdings in iShares Global Energy ETF by 3.0% in the third quarter. HighTower Advisors LLC now owns 74,090 shares of the company’s stock worth $3,003,000 after purchasing an additional 2,172 shares during the period. IHT Wealth Management LLC increased its stake in shares of iShares Global Energy ETF by 12.9% during the third quarter. IHT Wealth Management LLC now owns 16,135 shares of the company’s stock valued at $660,000 after purchasing an additional 1,849 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in shares of iShares Global Energy ETF by 21.4% during the third quarter. Quantinno Capital Management LP now owns 8,397 shares of the company’s stock valued at $340,000 after purchasing an additional 1,479 shares during the last quarter. Finally, Stifel Financial Corp boosted its position in shares of iShares Global Energy ETF by 1.5% in the 3rd quarter. Stifel Financial Corp now owns 170,682 shares of the company’s stock worth $6,909,000 after purchasing an additional 2,488 shares in the last quarter.

iShares Global Energy ETF Stock Down 8.5 %

iShares Global Energy ETF stock opened at $36.37 on Monday. The stock’s 50 day moving average is $40.19 and its 200 day moving average is $40.50. The company 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 has a twelve month low of $34.42 and a twelve month high of $45.22.

About iShares Global Energy ETF

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.