Atomi Financial Group Inc. Acquires New Position in iShares Global Energy ETF (NYSEARCA:IXC)

Atomi Financial Group Inc. bought a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC) in the 4th quarter, HoldingsChannel reports. The fund bought 6,125 shares of the company’s stock, valued at approximately $234,000.

Several other hedge funds also recently bought and sold shares of IXC. Bank of Montreal Can boosted its stake in iShares Global Energy ETF by 58.5% during the second quarter. Bank of Montreal Can now owns 272,376 shares of the company’s stock worth $11,313,000 after buying an additional 100,512 shares during the period. Marshall Wace LLP purchased a new position in iShares Global Energy ETF during the second quarter worth about $1,634,000. Cubist Systematic Strategies LLC purchased a new position in iShares Global Energy ETF during the second quarter worth about $860,000. Squarepoint Ops LLC purchased a new position in shares of iShares Global Energy ETF in the second quarter valued at approximately $584,000. Finally, The Manufacturers Life Insurance Company boosted its stake 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 valued at $32,315,000 after purchasing an additional 773,068 shares during the period.

iShares Global Energy ETF Stock Performance

NYSEARCA IXC opened at $40.26 on Monday. The firm has a 50 day simple moving average of $40.07 and a 200-day simple moving average of $40.81. iShares Global Energy ETF has a one year low of $36.79 and a one year high of $45.22. The firm has a market cap 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.