Envestnet Portfolio Solutions Inc. Increases Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 8.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,148,800 shares of the company’s stock after acquiring an additional 87,178 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Global Energy ETF were worth $49,341,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IXC. Banque Pictet & Cie SA purchased a new stake in iShares Global Energy ETF in the third quarter valued at approximately $342,000. B. Riley Wealth Advisors Inc. acquired a new stake in iShares Global Energy ETF during the 3rd quarter worth $211,000. Citigroup Inc. grew its position in iShares Global Energy ETF by 17.4% during the 3rd quarter. Citigroup Inc. now owns 13,196 shares of the company’s stock worth $544,000 after purchasing an additional 1,960 shares during the last quarter. WNY Asset Management LLC grew its position in iShares Global Energy ETF by 50.4% during the 3rd quarter. WNY Asset Management LLC now owns 8,968 shares of the company’s stock worth $370,000 after purchasing an additional 3,005 shares during the last quarter. Finally, Anchor Investment Management LLC acquired a new position in iShares Global Energy ETF in the fourth quarter valued at $132,000.

iShares Global Energy ETF Trading Up 0.2 %

Shares of NYSEARCA IXC traded up $0.10 during midday trading on Friday, reaching $41.56. 573,007 shares of the company were exchanged, compared to its average volume of 895,303. The stock has a market cap of $3.42 billion, a P/E ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a 1 year low of $37.02 and a 1 year high of $45.22. The stock has a fifty day simple moving average of $42.06 and a 200 day simple moving average of $41.18.

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.