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

Gladstone Institutional Advisory LLC increased its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 16.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,532 shares of the company’s stock after buying an additional 5,823 shares during the quarter. Gladstone Institutional Advisory LLC owned about 0.05% of iShares Global Energy ETF worth $1,681,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company increased its position in shares of iShares Global Energy ETF by 14,234.4% in the second 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. Sanctuary Advisors LLC bought a new position in iShares Global Energy ETF in the 2nd quarter valued at approximately $22,940,000. Cetera Investment Advisers lifted 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 worth $25,211,000 after buying an additional 372,411 shares during the period. Jane Street Group LLC boosted its stake in shares of iShares Global Energy ETF by 256.9% in the 1st quarter. Jane Street Group LLC now owns 343,391 shares of the company’s stock valued at $14,749,000 after purchasing an additional 247,163 shares during the last quarter. Finally, OLD Mission Capital LLC acquired a new position in iShares Global Energy ETF in the first quarter valued at approximately $8,683,000.

iShares Global Energy ETF Price Performance

Shares of iShares Global Energy ETF stock opened at $40.22 on Friday. iShares Global Energy ETF has a one year low of $37.02 and a one year high of $45.22. The business has a 50-day simple moving average of $41.03 and a 200 day simple moving average of $41.67. The firm has a market capitalization of $3.31 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52.

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.