Ashton Thomas Private Wealth LLC Buys New Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

Ashton Thomas Private Wealth LLC bought a new stake in iShares Global Energy ETF (NYSEARCA:IXC) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 19,824 shares of the company’s stock, valued at approximately $757,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Atomi Financial Group Inc. bought a new stake in iShares Global Energy ETF in the 4th quarter valued at about $234,000. Fisher Asset Management LLC increased its position in iShares Global Energy ETF by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 10,131,253 shares of the company’s stock valued at $386,811,000 after buying an additional 298,815 shares in the last quarter. Fifth Third Bancorp increased its position in iShares Global Energy ETF by 75.5% in the 4th quarter. Fifth Third Bancorp now owns 2,991 shares of the company’s stock valued at $114,000 after buying an additional 1,287 shares in the last quarter. Kestra Investment Management LLC increased its position in iShares Global Energy ETF by 28.6% in the 3rd quarter. Kestra Investment Management LLC now owns 65,086 shares of the company’s stock valued at $2,635,000 after buying an additional 14,473 shares in the last quarter. Finally, Sofi Wealth LLC bought a new stake in iShares Global Energy ETF during the 4th quarter worth approximately $604,000.

iShares Global Energy ETF Stock Performance

Shares of IXC opened at $39.07 on Monday. The stock has a 50 day moving average price of $39.76 and a two-hundred day moving average price of $40.49. The firm has a market capitalization of $1.99 billion, a P/E ratio of 13.45 and a beta of 1.01. iShares Global Energy ETF has a 52 week low of $36.79 and a 52 week high of $45.22.

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.