West Wealth Group LLC Makes New $1.74 Million Investment in iShares Global Energy ETF (NYSEARCA:IXC)

West Wealth Group LLC bought a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 44,552 shares of the company’s stock, valued at approximately $1,742,000. iShares Global Energy ETF comprises approximately 0.7% of West Wealth Group LLC’s investment portfolio, making the stock its 23rd largest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. IFG Advisory LLC boosted its stake in shares of iShares Global Energy ETF by 68.1% in the 4th quarter. IFG Advisory LLC now owns 12,199 shares of the company’s stock worth $477,000 after buying an additional 4,942 shares during the last quarter. New Millennium Group LLC boosted its position in iShares Global Energy ETF by 54.2% during the fourth quarter. New Millennium Group LLC now owns 1,712 shares of the company’s stock valued at $67,000 after buying an additional 602 shares during the period. Keystone Wealth Services LLC purchased a new stake in shares of iShares Global Energy ETF during the fourth quarter worth about $426,000. Raymond James Financial Services Advisors Inc. raised its stake in iShares Global Energy ETF by 21.0% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 359,553 shares of the company’s stock worth $14,062,000 after buying an additional 62,373 shares in the last quarter. Finally, Security Financial Services INC. bought a new stake in shares of iShares Global Energy ETF during the fourth quarter valued at approximately $3,929,000.

iShares Global Energy ETF Stock Up 0.5 %

NYSEARCA IXC traded up $0.20 on Thursday, reaching $42.76. The company had a trading volume of 58,485 shares, compared to its average volume of 744,779. The firm’s 50 day moving average price is $39.63 and its 200 day moving average price is $39.82. iShares Global Energy ETF has a 12 month low of $35.38 and a 12 month high of $42.92. The stock has a market capitalization of $1.97 billion, a PE ratio of 14.37 and a beta of 1.13.

iShares Global Energy ETF 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.