iShares Global Energy ETF (NYSEARCA:IXC) is Versant Capital Management Inc’s 6th Largest Position

Versant Capital Management Inc lowered its position in iShares Global Energy ETF (NYSEARCA:IXC) by 2.5% during the first quarter, Holdings Channel.com reports. The institutional investor owned 366,696 shares of the company’s stock after selling 9,301 shares during the period. iShares Global Energy ETF accounts for approximately 4.5% of Versant Capital Management Inc’s portfolio, making the stock its 6th biggest position. Versant Capital Management Inc’s holdings in iShares Global Energy ETF were worth $15,750,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. ICA Group Wealth Management LLC acquired a new position in shares of iShares Global Energy ETF during the fourth quarter valued at approximately $25,000. New Republic Capital LLC purchased a new stake in shares of iShares Global Energy ETF during the fourth quarter worth approximately $40,000. Edmond DE Rothschild Holding S.A. acquired a new position in iShares Global Energy ETF in the 4th quarter valued at $45,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in iShares Global Energy ETF in the 4th quarter valued at $45,000. Finally, Northwest Capital Management Inc purchased a new stake in shares of iShares Global Energy ETF during the fourth quarter worth $46,000.

iShares Global Energy ETF Stock Performance

Shares of NYSEARCA:IXC traded up $0.23 during midday trading on Tuesday, hitting $40.18. The company’s stock had a trading volume of 754,939 shares, compared to its average volume of 912,762. The company has a market cap of $3.30 billion, a P/E ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a 12-month low of $35.64 and a 12-month high of $45.22. The business’s 50 day simple moving average is $42.89 and its 200 day simple moving average is $40.94.

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.