KWB Wealth Makes New Investment in iShares Global Energy ETF (NYSEARCA:IXC)

KWB Wealth purchased a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 33,706 shares of the company’s stock, valued at approximately $1,448,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of IXC. Retirement Planning Group LLC grew its position in shares of iShares Global Energy ETF by 4.6% during the first quarter. Retirement Planning Group LLC now owns 7,422 shares of the company’s stock worth $319,000 after buying an additional 327 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its position in shares of iShares Global Energy ETF by 2.5% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 14,336 shares of the company’s stock worth $561,000 after buying an additional 350 shares in the last quarter. Sound Income Strategies LLC grew its position in shares of iShares Global Energy ETF by 28.9% during the first quarter. Sound Income Strategies LLC now owns 1,786 shares of the company’s stock worth $77,000 after buying an additional 400 shares in the last quarter. Ameraudi Asset Management Inc. grew its position in shares of iShares Global Energy ETF by 3.6% during the fourth quarter. Ameraudi Asset Management Inc. now owns 16,210 shares of the company’s stock worth $634,000 after buying an additional 557 shares in the last quarter. Finally, Peapack Gladstone Financial Corp grew its position in shares of iShares Global Energy ETF by 7.1% during the fourth quarter. Peapack Gladstone Financial Corp now owns 9,031 shares of the company’s stock worth $354,000 after buying an additional 600 shares in the last quarter.

iShares Global Energy ETF Stock Up 0.5 %

IXC traded up $0.22 on Thursday, reaching $41.96. The company’s stock had a trading volume of 319,095 shares, compared to its average volume of 890,178. The stock has a 50 day moving average of $42.32 and a two-hundred day moving average of $41.11. The company has a market capitalization of $3.45 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a fifty-two week low of $35.95 and a fifty-two week high of $45.22.

About iShares Global Energy ETF

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.