Sowell Financial Services LLC Acquires New Stake in iShares Global Energy ETF $IXC

Sowell Financial Services LLC purchased a new stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 12,323 shares of the company’s stock, valued at approximately $702,000.

A number of other institutional investors also recently bought and sold shares of IXC. Darwin Wealth Management LLC bought a new stake in iShares Global Energy ETF in the first quarter worth $33,000. CX Institutional bought a new position in iShares Global Energy ETF during the third quarter valued at $34,000. Parallel Advisors LLC increased its position in iShares Global Energy ETF by 51.9% during the first quarter. Parallel Advisors LLC now owns 629 shares of the company’s stock valued at $36,000 after acquiring an additional 215 shares during the last quarter. Scarborough Advisors LLC purchased a new stake in shares of iShares Global Energy ETF in the first quarter valued at $40,000. Finally, PNC Financial Services Group Inc. raised its stake in shares of iShares Global Energy ETF by 54.3% in the first quarter. PNC Financial Services Group Inc. now owns 696 shares of the company’s stock valued at $40,000 after acquiring an additional 245 shares during the period.

iShares Global Energy ETF Trading Up 2.5%

IXC stock opened at $63.88 on Friday. iShares Global Energy ETF has a 12 month low of $40.55 and a 12 month high of $64.14. The company has a 50-day moving average price of $59.15 and a 200 day moving average price of $55.63. The stock has a market cap of $3.42 billion, a PE ratio of 13.85 and a beta of 0.40.

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. Component companies include oil equipment and services, oil exploration and production, and oil refinery, oil storage and transportation, and coal and uranium mining companies.