Marks Group Wealth Management Inc Invests $585,000 in iShares Global Energy ETF (NYSEARCA:IXC)

Marks Group Wealth Management Inc acquired a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 14,964 shares of the company’s stock, valued at approximately $585,000.

A number of other institutional investors also recently added to or reduced their stakes in IXC. Blair William & Co. IL grew its holdings in iShares Global Energy ETF by 8.0% in the third quarter. Blair William & Co. IL now owns 4,327 shares of the company’s stock worth $179,000 after purchasing an additional 319 shares during the last quarter. Cookson Peirce & Co. Inc. grew its stake in iShares Global Energy ETF by 5.2% during the 4th quarter. Cookson Peirce & Co. Inc. now owns 12,058 shares of the company’s stock worth $472,000 after buying an additional 601 shares during the last quarter. New Millennium Group LLC increased its position in 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 buying an additional 602 shares in the last quarter. SYM FINANCIAL Corp purchased a new stake in iShares Global Energy ETF in the third quarter valued at about $26,000. Finally, Walkner Condon Financial Advisors LLC boosted its holdings in iShares Global Energy ETF by 6.3% in the third quarter. Walkner Condon Financial Advisors LLC now owns 10,924 shares of the company’s stock worth $451,000 after acquiring an additional 652 shares in the last quarter.

iShares Global Energy ETF Trading Up 0.4 %

Shares of NYSEARCA:IXC traded up $0.19 on Tuesday, hitting $44.08. 332,291 shares of the company were exchanged, compared to its average volume of 749,566. The stock’s 50 day moving average price is $41.67 and its 200 day moving average price is $40.17. iShares Global Energy ETF has a 1-year low of $35.38 and a 1-year high of $45.22. The firm has a market capitalization of $3.45 billion, a P/E ratio of 8.03 and a beta of 0.52.

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.