Orion Portfolio Solutions LLC Acquires 582 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Orion Portfolio Solutions LLC lifted its holdings in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 6.9% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 8,988 shares of the company’s stock after purchasing an additional 582 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares Global Energy ETF were worth $343,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. BCO Wealth Management LLC bought a new stake in iShares Global Energy ETF during the 4th quarter worth about $527,000. JPMorgan Chase & Co. lifted its position in shares of iShares Global Energy ETF by 44.3% during the fourth quarter. JPMorgan Chase & Co. now owns 1,425,674 shares of the company’s stock worth $54,432,000 after purchasing an additional 437,984 shares in the last quarter. Modern Wealth Management LLC bought a new stake in shares of iShares Global Energy ETF during the fourth quarter valued at approximately $4,575,000. Clune & Associates LTD. acquired a new stake in shares of iShares Global Energy ETF in the fourth quarter valued at approximately $1,352,000. Finally, LPL Financial LLC raised its position in iShares Global Energy ETF by 9.7% in the 4th quarter. LPL Financial LLC now owns 770,803 shares of the company’s stock worth $29,429,000 after purchasing an additional 67,886 shares during the last quarter.

iShares Global Energy ETF Stock Performance

Shares of IXC opened at $34.69 on Wednesday. The business’s fifty day moving average price is $39.91 and its two-hundred day moving average price is $40.39. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 14.91 and a beta of 0.74. iShares Global Energy ETF has a 52 week low of $34.21 and a 52 week high of $45.22.

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.