Tradition Wealth Management LLC Buys New Position in iShares Global Energy ETF (NYSEARCA:IXC)

Tradition Wealth Management LLC bought a new stake in iShares Global Energy ETF (NYSEARCA:IXCFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 13,681 shares of the company’s stock, valued at approximately $535,000.

Other institutional investors have also recently added to or reduced their stakes in the company. New Republic Capital LLC acquired a new position in iShares Global Energy ETF in the 4th quarter valued at about $40,000. Edmond DE Rothschild Holding S.A. acquired a new position in iShares Global Energy ETF in the 4th quarter valued at about $45,000. Northwest Capital Management Inc acquired a new position in shares of iShares Global Energy ETF during the 4th quarter valued at about $46,000. Sound Income Strategies LLC acquired a new position in shares of iShares Global Energy ETF during the 4th quarter valued at about $54,000. Finally, New Millennium Group LLC increased its stake in shares of iShares Global Energy ETF by 54.2% during the 4th quarter. New Millennium Group LLC now owns 1,712 shares of the company’s stock valued at $67,000 after acquiring an additional 602 shares during the last quarter.

iShares Global Energy ETF Trading Up 2.3 %

Shares of NYSEARCA IXC traded up $0.97 on Friday, reaching $43.50. 369,358 shares of the company traded hands, compared to its average volume of 650,310. iShares Global Energy ETF has a fifty-two week low of $35.38 and a fifty-two week high of $45.22. The company has a 50 day moving average of $43.48 and a 200 day moving average of $40.80. The stock has a market capitalization of $3.58 billion, a PE ratio of 7.86 and a beta of 0.52.

About iShares Global Energy ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares Global Energy ETF (NYSEARCA:IXC)

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