Quadrature Capital Ltd Boosts Stake in iShares Global Energy ETF $IXC

Quadrature Capital Ltd lifted its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 184.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 65,831 shares of the company’s stock after purchasing an additional 42,685 shares during the quarter. Quadrature Capital Ltd’s holdings in iShares Global Energy ETF were worth $2,585,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. SouthState Corp purchased a new position in shares of iShares Global Energy ETF in the first quarter valued at $49,000. Sound Income Strategies LLC grew its stake in iShares Global Energy ETF by 2,153.8% in the 2nd quarter. Sound Income Strategies LLC now owns 1,758 shares of the company’s stock valued at $69,000 after acquiring an additional 1,680 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares Global Energy ETF by 48.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,916 shares of the company’s stock valued at $81,000 after acquiring an additional 628 shares in the last quarter. Avalon Trust Co acquired a new position in iShares Global Energy ETF during the first quarter worth about $108,000. Finally, AE Wealth Management LLC lifted its holdings in shares of iShares Global Energy ETF by 32.9% in the second quarter. AE Wealth Management LLC now owns 2,761 shares of the company’s stock valued at $108,000 after purchasing an additional 684 shares in the last quarter.

iShares Global Energy ETF Stock Performance

iShares Global Energy ETF stock opened at $42.93 on Friday. iShares Global Energy ETF has a fifty-two week low of $33.89 and a fifty-two week high of $43.62. The company has a market capitalization of $1.93 billion, a price-to-earnings ratio of 13.85 and a beta of 0.69. The stock has a fifty day moving average of $41.91 and a two-hundred day moving average of $40.69.

iShares Global Energy ETF 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.