iShares Global Energy ETF (NYSEARCA:IXC) Stock Position Raised by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 62.2% during the 4th quarter, HoldingsChannel reports. The fund owned 28,936 shares of the company’s stock after purchasing an additional 11,100 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Global Energy ETF were worth $1,105,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. First Horizon Advisors Inc. increased its position in shares of iShares Global Energy ETF by 8.1% during the 3rd quarter. First Horizon Advisors Inc. now owns 3,691 shares of the company’s stock worth $149,000 after purchasing an additional 275 shares in the last quarter. Citizens Financial Group Inc. RI raised its position in shares of iShares Global Energy ETF by 2.3% during the third quarter. Citizens Financial Group Inc. RI now owns 12,456 shares of the company’s stock worth $504,000 after acquiring an additional 276 shares during the last quarter. Sunbelt Securities Inc. lifted its position in iShares Global Energy ETF by 15.5% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,604 shares of the company’s stock valued at $105,000 after purchasing an additional 350 shares during the period. Assetmark Inc. lifted its holdings in iShares Global Energy ETF by 12.0% in the third quarter. Assetmark Inc. now owns 6,562 shares of the company’s stock valued at $266,000 after buying an additional 703 shares during the period. Finally, Kestra Private Wealth Services LLC increased its holdings in iShares Global Energy ETF by 4.6% in the fourth quarter. Kestra Private Wealth Services LLC now owns 16,386 shares of the company’s stock valued at $626,000 after purchasing an additional 715 shares during the last quarter.

iShares Global Energy ETF Stock Performance

IXC opened at $40.25 on Monday. The firm’s fifty day moving average is $39.41 and its two-hundred day moving average is $40.62. The firm has a market cap of $3.31 billion, a PE ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a twelve month low of $36.79 and a twelve month 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.