Legacy Wealth Managment LLC ID Makes New $425,000 Investment in iShares Global Energy ETF $IXC

Legacy Wealth Managment LLC ID purchased a new stake in iShares Global Energy ETF (NYSEARCA:IXC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,647 shares of the company’s stock, valued at approximately $425,000.

A number of other institutional investors and hedge funds also recently modified their holdings of IXC. Manchester Capital Management LLC boosted its stake in shares of iShares Global Energy ETF by 200.0% during the 4th quarter. Manchester Capital Management LLC now owns 600 shares of the company’s stock worth $25,000 after acquiring an additional 400 shares in the last quarter. Group One Trading LLC raised its position in shares of iShares Global Energy ETF by 250.0% during the fourth quarter. Group One Trading LLC now owns 700 shares of the company’s stock worth $29,000 after purchasing an additional 500 shares during the period. Pin Oak Investment Advisors Inc. acquired a new stake in shares of iShares Global Energy ETF during the third quarter worth $30,000. AlphaCore Capital LLC lifted its holdings in shares of iShares Global Energy ETF by 109.7% during the fourth quarter. AlphaCore Capital LLC now owns 734 shares of the company’s stock valued at $31,000 after purchasing an additional 384 shares during the last quarter. Finally, Clearstead Advisors LLC purchased a new stake in shares of iShares Global Energy ETF during the fourth quarter valued at $31,000.

iShares Global Energy ETF Stock Down 0.5%

NYSEARCA:IXC opened at $58.91 on Friday. iShares Global Energy ETF has a 1-year low of $40.05 and a 1-year high of $59.64. The firm has a market capitalization of $3.03 billion, a price-to-earnings ratio of 13.85 and a beta of 0.36. The stock has a fifty day simple moving average of $54.46 and a 200 day simple moving average of $54.15.

iShares Global Energy ETF 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. Component companies include oil equipment and services, oil exploration and production, and oil refinery, oil storage and transportation, and coal and uranium mining companies.