Delta Financial Group Inc. Buys Shares of 13,635 iShares Global Energy ETF (NYSEARCA:IXC)

Delta Financial Group Inc. purchased a new stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 13,635 shares of the company’s stock, valued at approximately $521,000.

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

iShares Global Energy ETF Stock Performance

NYSEARCA IXC opened at $40.33 on Friday. The stock has a market capitalization of $3.32 billion, a P/E ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a 1 year low of $36.79 and a 1 year high of $45.22. The business’s fifty day moving average is $39.42 and its two-hundred day moving average is $40.62.

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.