Commonwealth Equity Services LLC Acquires 5,629 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Commonwealth Equity Services LLC grew its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 2.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 263,848 shares of the company’s stock after acquiring an additional 5,629 shares during the quarter. Commonwealth Equity Services LLC owned 0.32% of iShares Global Energy ETF worth $10,074,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Avantax Advisory Services Inc. increased its position in shares of iShares Global Energy ETF by 5.5% during the fourth quarter. Avantax Advisory Services Inc. now owns 115,304 shares of the company’s stock worth $4,402,000 after acquiring an additional 5,967 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in iShares Global Energy ETF by 10.5% during the 4th quarter. Farther Finance Advisors LLC now owns 20,177 shares of the company’s stock worth $770,000 after purchasing an additional 1,912 shares in the last quarter. Moors & Cabot Inc. raised its stake in shares of iShares Global Energy ETF by 5.8% in the 4th quarter. Moors & Cabot Inc. now owns 10,827 shares of the company’s stock valued at $413,000 after purchasing an additional 597 shares during the period. Wealthfront Advisers LLC raised its stake in shares of iShares Global Energy ETF by 163.4% in the 4th quarter. Wealthfront Advisers LLC now owns 85,858 shares of the company’s stock valued at $3,278,000 after purchasing an additional 53,266 shares during the period. Finally, Banco Santander S.A. bought a new stake in shares of iShares Global Energy ETF in the fourth quarter valued at about $1,049,000.

iShares Global Energy ETF Stock Performance

NYSEARCA:IXC opened at $41.45 on Thursday. The stock has a 50-day simple moving average of $39.98 and a 200 day simple moving average of $40.40. iShares Global Energy ETF has a 52-week low of $36.79 and a 52-week high of $45.22. The company has a market cap of $2.11 billion, a PE ratio of 14.23 and a beta of 0.98.

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.