Claro Advisors LLC Buys New Shares in iShares Global Energy ETF (NYSEARCA:IXC)

Claro Advisors LLC bought a new stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) in the 1st quarter, HoldingsChannel reports. The firm bought 13,451 shares of the company’s stock, valued at approximately $578,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IXC. Retirement Planning Group LLC lifted its position in shares of iShares Global Energy ETF by 4.6% in the 1st quarter. Retirement Planning Group LLC now owns 7,422 shares of the company’s stock valued at $319,000 after acquiring an additional 327 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of iShares Global Energy ETF by 2.5% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 14,336 shares of the company’s stock valued at $561,000 after acquiring an additional 350 shares in the last quarter. Sound Income Strategies LLC lifted its position in shares of iShares Global Energy ETF by 28.9% in the 1st quarter. Sound Income Strategies LLC now owns 1,786 shares of the company’s stock valued at $77,000 after acquiring an additional 400 shares in the last quarter. Ameraudi Asset Management Inc. lifted its position in shares of iShares Global Energy ETF by 3.6% in the 4th quarter. Ameraudi Asset Management Inc. now owns 16,210 shares of the company’s stock valued at $634,000 after acquiring an additional 557 shares in the last quarter. Finally, Peapack Gladstone Financial Corp lifted its position in shares of iShares Global Energy ETF by 7.1% in the 4th quarter. Peapack Gladstone Financial Corp now owns 9,031 shares of the company’s stock valued at $354,000 after acquiring an additional 600 shares in the last quarter.

iShares Global Energy ETF Stock Performance

Shares of NYSEARCA:IXC traded up $0.15 during mid-day trading on Monday, hitting $41.66. The stock had a trading volume of 758,654 shares, compared to its average volume of 898,240. The company has a market cap of $3.42 billion, a PE ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a 12-month low of $35.95 and a 12-month high of $45.22. The company’s 50 day moving average is $42.46 and its 200-day moving average is $41.07.

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.