Gladstone Institutional Advisory LLC Acquires 5,823 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Gladstone Institutional Advisory LLC increased its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 16.3% during the third quarter, HoldingsChannel reports. The institutional investor owned 41,532 shares of the company’s stock after acquiring an additional 5,823 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in iShares Global Energy ETF were worth $1,681,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Envestnet Portfolio Solutions Inc. boosted its position in iShares Global Energy ETF by 8.2% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 1,148,800 shares of the company’s stock valued at $49,341,000 after acquiring an additional 87,178 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in iShares Global Energy ETF by 14,234.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 778,499 shares of the company’s stock worth $32,315,000 after purchasing an additional 773,068 shares during the period. Evergreen Capital Management LLC boosted its holdings in iShares Global Energy ETF by 2.6% in the 2nd quarter. Evergreen Capital Management LLC now owns 596,388 shares of the company’s stock worth $24,756,000 after buying an additional 15,361 shares during the period. Cetera Investment Advisers grew its holdings in iShares Global Energy ETF by 173.6% during the 1st quarter. Cetera Investment Advisers now owns 586,992 shares of the company’s stock valued at $25,211,000 after buying an additional 372,411 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of iShares Global Energy ETF during the second quarter valued at about $22,940,000.

iShares Global Energy ETF Stock Down 0.6 %

IXC stock opened at $40.22 on Friday. The firm has a market capitalization of $3.31 billion, a P/E ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a 52 week low of $37.02 and a 52 week high of $45.22. The company has a fifty day simple moving average of $41.03 and a two-hundred day simple moving average of $41.67.

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.