Synergy Investment Management LLC Purchases New Stake in iShares Global Energy ETF (NYSEARCA:IXC)

Synergy Investment Management LLC acquired a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,326 shares of the company’s stock, valued at approximately $242,000.

Several other large investors also recently added to or reduced their stakes in the stock. 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 during the last quarter. Citizens Financial Group Inc. RI boosted its stake in 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 buying an additional 276 shares during the period. Sunbelt Securities Inc. boosted its stake in iShares Global Energy ETF by 15.5% during the third quarter. Sunbelt Securities Inc. now owns 2,604 shares of the company’s stock worth $105,000 after buying an additional 350 shares during the period. Atria Wealth Solutions Inc. increased its position in shares of iShares Global Energy ETF by 8.3% during the fourth quarter. Atria Wealth Solutions Inc. now owns 6,623 shares of the company’s stock valued at $253,000 after acquiring an additional 507 shares during the last quarter. Finally, Assetmark Inc. raised its stake in shares of iShares Global Energy ETF by 12.0% in the 3rd quarter. Assetmark Inc. now owns 6,562 shares of the company’s stock valued at $266,000 after acquiring an additional 703 shares during the period.

iShares Global Energy ETF Stock Performance

NYSEARCA:IXC opened at $39.04 on Tuesday. iShares Global Energy ETF has a fifty-two week low of $36.79 and a fifty-two week high of $45.22. The company has a 50 day moving average price of $39.68 and a 200 day moving average price of $40.56. The stock has a market capitalization of $1.99 billion, a P/E ratio of 13.45 and a beta of 1.01.

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.