The iShares Global Energy ETF (Symbol: IXC) reported a significant inflow of approximately $289.3 million, marking an 11.6% increase in outstanding units from 43.8 million to 48.9 million. This change was noted during the week leading up to today.
As of the latest trading session, key components of IXC include Phillips 66 (up 2%), SLB Ltd (up 0.5%), and Marathon Petroleum Corp. (up 1.9%). The ETF’s shares have a 52-week low of $33.89 and a high of $57.44, with the last trade at $57.17.
The inflow, alongside the notable price performance, indicates a heightened investor interest in the energy sector amid shifting market dynamics.
