Union Bancaire Privee UBP SA Takes Position in iShares Global Energy ETF (NYSEARCA:IXC)

Union Bancaire Privee UBP SA bought a new stake in iShares Global Energy ETF (NYSEARCA:IXC) during the fourth quarter, Holdings Channel reports. The institutional investor bought 17,664 shares of the company’s stock, valued at approximately $662,000.

A number of other large investors also recently made changes to their positions in IXC. Fisher Asset Management LLC increased its holdings in shares of iShares Global Energy ETF by 17.9% in the 3rd quarter. Fisher Asset Management LLC now owns 9,832,438 shares of the company’s stock valued at $398,017,000 after purchasing an additional 1,491,283 shares during the period. Truist Financial Corp increased its holdings in shares of iShares Global Energy ETF by 1,032.1% in the 4th quarter. Truist Financial Corp now owns 113,837 shares of the company’s stock valued at $4,346,000 after purchasing an additional 103,782 shares during the period. International Assets Investment Management LLC increased its holdings in shares of iShares Global Energy ETF by 2,945.3% in the 3rd quarter. International Assets Investment Management LLC now owns 103,205 shares of the company’s stock valued at $4,178,000 after purchasing an additional 99,816 shares during the period. Strategic Wealth Investment Group LLC increased its holdings in iShares Global Energy ETF by 52.6% in the third quarter. Strategic Wealth Investment Group LLC now owns 218,182 shares of the company’s stock worth $9,020,000 after buying an additional 75,242 shares during the last quarter. Finally, Collier Financial acquired a new position in iShares Global Energy ETF in the fourth quarter worth approximately $1,595,000.

iShares Global Energy ETF Stock Performance

NYSEARCA:IXC opened at $40.26 on Tuesday. The stock’s 50 day moving average price is $39.45 and its 200 day moving average price is $40.62. iShares Global Energy ETF has a 52 week low of $36.79 and a 52 week high of $45.22. The company has a market capitalization of $2.05 billion, a P/E ratio of 13.45 and a beta of 1.01.

About iShares Global Energy ETF

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.