HighTower Advisors LLC Has $2.54 Million Stake in iShares Global Energy ETF (NYSEARCA:IXC)

HighTower Advisors LLC cut its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 10.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 66,496 shares of the company’s stock after selling 7,594 shares during the quarter. HighTower Advisors LLC owned 0.08% of iShares Global Energy ETF worth $2,539,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Atomi Financial Group Inc. purchased a new stake in shares of iShares Global Energy ETF in the fourth quarter valued at about $234,000. Fisher Asset Management LLC increased its stake in iShares Global Energy ETF by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 10,131,253 shares of the company’s stock valued at $386,811,000 after buying an additional 298,815 shares during the last quarter. Fifth Third Bancorp lifted its position in shares of iShares Global Energy ETF by 75.5% during the 4th quarter. Fifth Third Bancorp now owns 2,991 shares of the company’s stock worth $114,000 after buying an additional 1,287 shares in the last quarter. Kestra Investment Management LLC boosted its stake in shares of iShares Global Energy ETF by 28.6% in the 3rd quarter. Kestra Investment Management LLC now owns 65,086 shares of the company’s stock worth $2,635,000 after buying an additional 14,473 shares during the last quarter. Finally, Sofi Wealth LLC bought a new position in shares of iShares Global Energy ETF in the fourth quarter valued at approximately $604,000.

iShares Global Energy ETF Price Performance

Shares of NYSEARCA:IXC opened at $41.37 on Friday. iShares Global Energy ETF has a 1 year low of $36.79 and a 1 year high of $45.22. The company has a market capitalization of $2.10 billion, a PE ratio of 14.23 and a beta of 0.98. The business has a fifty day moving average price of $40.07 and a two-hundred day moving average price of $40.40.

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.