Bessemer Group Inc. Has $308,000 Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

Bessemer Group Inc. increased its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 22.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 8,068 shares of the company’s stock after purchasing an additional 1,456 shares during the period. Bessemer Group Inc.’s holdings in iShares Global Energy ETF were worth $308,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC grew its position in shares of iShares Global Energy ETF by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 10,131,253 shares of the company’s stock valued at $386,811,000 after acquiring an additional 298,815 shares during the period. JPMorgan Chase & Co. grew its holdings in 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 during the period. Envestnet Asset Management Inc. increased its position in iShares Global Energy ETF by 7.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 958,038 shares of the company’s stock worth $36,578,000 after buying an additional 69,793 shares during the last quarter. Dynasty Wealth Management LLC bought a new stake in iShares Global Energy ETF in the fourth quarter valued at approximately $35,969,000. Finally, LPL Financial LLC lifted its position in shares of iShares Global Energy ETF by 9.7% in the fourth quarter. LPL Financial LLC now owns 770,803 shares of the company’s stock valued at $29,429,000 after buying an additional 67,886 shares during the last quarter.

iShares Global Energy ETF Trading Up 1.2 %

IXC stock opened at $36.63 on Thursday. iShares Global Energy ETF has a 1-year low of $33.89 and a 1-year high of $44.46. The business’s 50 day simple moving average is $39.45 and its 200 day simple moving average is $40.18. The firm has a market capitalization of $1.86 billion, a PE ratio of 14.91 and a beta of 0.74.

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.