First Heartland Consultants Inc. Purchases 728 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

First Heartland Consultants Inc. increased its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 11.7% during the first quarter, HoldingsChannel reports. The institutional investor owned 6,931 shares of the company’s stock after buying an additional 728 shares during the quarter. First Heartland Consultants Inc.’s holdings in iShares Global Energy ETF were worth $292,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IXC. Sagespring Wealth Partners LLC acquired a new stake in iShares Global Energy ETF during the fourth quarter worth approximately $33,534,000. Focus Partners Wealth grew its position in iShares Global Energy ETF by 210.3% during the fourth quarter. Focus Partners Wealth now owns 901,237 shares of the company’s stock worth $34,409,000 after buying an additional 610,786 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares Global Energy ETF by 44.3% in the 4th quarter. JPMorgan Chase & Co. now owns 1,425,674 shares of the company’s stock valued at $54,432,000 after purchasing an additional 437,984 shares in the last quarter. Financial Advisory Corp acquired a new stake in shares of iShares Global Energy ETF in the 4th quarter valued at $10,798,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of iShares Global Energy ETF in the 4th quarter valued at $8,420,000.

iShares Global Energy ETF Stock Performance

Shares of IXC stock opened at $40.26 on Friday. The stock’s fifty day moving average price is $39.51 and its two-hundred day moving average price is $39.31. The company has a market cap of $1.78 billion, a PE ratio of 13.85 and a beta of 1.13. iShares Global Energy ETF has a fifty-two week low of $33.89 and a fifty-two week high of $43.29.

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.