IXC Stock Summary and Trading Ideas (iShares Global Energy ETF | ARCA:IXC)

The iShares Global Energy ETF seeks to track the investment results of an index composed of global equities in the energy sector. Provides exposure to companies that produce and distribute oil and gas

iShares Global Energy ETF trades on the ARCA stock market under the symbol IXC.

As of April 22, 2024, IXC stock price climbed to $43.89 with 528,305 million shares trading.

IXC has a beta of 0.43, meaning it tends to be less sensitive to market movements. IXC has a correlation of 0.09 to the broad based SPY ETF.

IXC has a market cap of $3.54 billion. This is considered a Mid Cap stock.

In the last 3 years, IXC stock traded as high as $45.22 and as low as $23.08.

IXC stock has underperformed the market in the last year with a return of +15.7%, while SPY returned +22.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IXC shares. However, IXC has outperformed the market in the last 3 month and 2 week periods, returning +17.2% and -1.6%, while SPY returned +3.7% and -3.7%, respectively. This indicates IXC has been having a stronger performance recently.

IXC support price is $43.17 and resistance is $44.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IXC stock will trade within this expected range on the day.