35,904 Shares in iShares Global Energy ETF (NYSEARCA:IXC) Acquired by Stone House Investment Management LLC

Stone House Investment Management LLC purchased a new stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 35,904 shares of the company’s stock, valued at approximately $1,404,000. iShares Global Energy ETF accounts for approximately 0.5% of Stone House Investment Management LLC’s holdings, making the stock its 24th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Jane Street Group LLC lifted its position in shares of iShares Global Energy ETF by 119.1% during the 4th quarter. Jane Street Group LLC now owns 1,137,796 shares of the company’s stock valued at $44,363,000 after acquiring an additional 618,512 shares during the last quarter. Schroder Investment Management Group acquired a new position in shares of iShares Global Energy ETF in the 3rd quarter valued at $15,547,000. Royal Bank of Canada increased its stake in iShares Global Energy ETF by 35.9% in the 1st quarter. Royal Bank of Canada now owns 1,220,678 shares of the company’s stock worth $44,129,000 after purchasing an additional 322,683 shares in the last quarter. Cambria Investment Management L.P. purchased a new position in iShares Global Energy ETF in the 3rd quarter worth about $11,982,000. Finally, Advocacy Wealth Management Services LLC purchased a new position in iShares Global Energy ETF in the 4th quarter worth about $8,737,000.

iShares Global Energy ETF Stock Performance

IXC traded down $0.12 during trading on Wednesday, reaching $43.14. The company had a trading volume of 731,808 shares, compared to its average volume of 741,172. The firm’s 50-day simple moving average is $41.30 and its 200 day simple moving average is $40.07. The company has a market cap of $3.38 billion, a price-to-earnings ratio of 8.03 and a beta of 0.52. iShares Global Energy ETF has a 12-month low of $35.38 and a 12-month high of $45.22.

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.