Energy ETF (IXC) Hits New 52-Week High

Global Energy Ishares ETF (IXC) is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 63.74% from its 52-week low price of $33.89 per share.Are more gains in store for this ETF? Let us take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed.IXC in FocusThe underlying S&P Global 1200 Energy 4.5/22.5/45 Capped Index comprises global equities in the energy sector. The product charges 0.40% in annual fees (se ...