Partners Wealth Management LLC Acquires New Position in iShares Global Energy ETF (NYSEARCA:IXC)

Partners Wealth Management LLC acquired a new stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,172 shares of the company’s stock, valued at approximately $427,000.

A number of other large investors also recently bought and sold shares of IXC. Union Bancaire Privee UBP SA acquired a new stake in shares of iShares Global Energy ETF during the fourth quarter worth $662,000. Delta Financial Group Inc. bought a new stake in shares of iShares Global Energy ETF during the 4th quarter valued at about $521,000. Sigma Planning Corp raised its stake in iShares Global Energy ETF by 8.2% during the fourth quarter. Sigma Planning Corp now owns 123,550 shares of the company’s stock worth $4,717,000 after acquiring an additional 9,324 shares during the period. Verger Capital Management LLC lifted its holdings in iShares Global Energy ETF by 4.9% in the fourth quarter. Verger Capital Management LLC now owns 379,735 shares of the company’s stock worth $14,498,000 after acquiring an additional 17,857 shares during the last quarter. Finally, Laidlaw Wealth Management LLC boosted its stake in iShares Global Energy ETF by 14.2% in the fourth quarter. Laidlaw Wealth Management LLC now owns 7,399 shares of the company’s stock valued at $282,000 after acquiring an additional 919 shares during the period.

iShares Global Energy ETF Trading Down 1.8 %

NYSEARCA:IXC opened at $40.33 on Monday. The stock has a 50 day moving average of $39.42 and a 200-day moving average of $40.62. The firm has a market capitalization of $3.32 billion, a PE ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a 52 week low of $36.79 and a 52 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.