U.S. Capital Wealth Advisors LLC Raises Stock Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

U.S. Capital Wealth Advisors LLC grew its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 34.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,245 shares of the company’s stock after acquiring an additional 7,259 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in iShares Global Energy ETF were worth $1,078,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Atomi Financial Group Inc. purchased a new position in iShares Global Energy ETF during the fourth quarter worth about $234,000. Foundations Investment Advisors LLC purchased a new position in iShares Global Energy ETF during the third quarter worth about $229,000. Financial Life Advisors lifted its position in iShares Global Energy ETF by 5.3% during the third quarter. Financial Life Advisors now owns 51,197 shares of the company’s stock worth $2,072,000 after buying an additional 2,569 shares during the period. Kestra Investment Management LLC lifted its position in iShares Global Energy ETF by 28.6% during the third quarter. Kestra Investment Management LLC now owns 65,086 shares of the company’s stock worth $2,635,000 after buying an additional 14,473 shares during the period. Finally, Benjamin Edwards Inc. purchased a new position in iShares Global Energy ETF during the third quarter worth about $312,000.

iShares Global Energy ETF Trading Up 2.2 %

NYSEARCA IXC opened at $39.92 on Wednesday. The business’s 50-day moving average price is $39.70 and its 200 day moving average price is $40.71. iShares Global Energy ETF has a twelve month low of $36.79 and a twelve month high of $45.22. The company has a market capitalization of $3.28 billion, a PE ratio of 7.86 and a beta of 0.52.

iShares Global Energy ETF Company 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.