iShares Global Energy ETF (NYSEARCA:IXC) Shares Acquired by Wellington Management Group LLP

Wellington Management Group LLP lifted its position in iShares Global Energy ETF (NYSEARCA:IXC) by 26.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 224,445 shares of the company’s stock after acquiring an additional 46,875 shares during the quarter. Wellington Management Group LLP owned 0.49% of iShares Global Energy ETF worth $8,778,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. New Republic Capital LLC acquired a new stake in shares of iShares Global Energy ETF in the fourth quarter valued at approximately $40,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in iShares Global Energy ETF during the 4th quarter valued at about $45,000. Edmond DE Rothschild Holding S.A. bought a new stake in shares of iShares Global Energy ETF during the 4th quarter worth about $45,000. Northwest Capital Management Inc bought a new stake in iShares Global Energy ETF during the fourth quarter worth approximately $46,000. Finally, FinTrust Capital Advisors LLC acquired a new stake in iShares Global Energy ETF in the fourth quarter worth approximately $52,000.

iShares Global Energy ETF Stock Performance

Shares of IXC stock opened at $41.36 on Friday. The business’s fifty day moving average is $42.53 and its 200-day moving average is $41.01. iShares Global Energy ETF has a 1 year low of $35.95 and a 1 year high of $45.22. The stock has a market cap of $3.40 billion, a PE ratio of 7.86 and a beta of 0.52.

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.