Clune & Associates LTD. Increases Position in iShares Global Energy ETF $IXC

Clune & Associates LTD. lifted its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 17.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,494 shares of the company’s stock after buying an additional 9,454 shares during the period. Clune & Associates LTD.’s holdings in iShares Global Energy ETF were worth $2,620,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Pines Wealth Management LLC boosted its stake in shares of iShares Global Energy ETF by 5.8% in the 4th quarter. Pines Wealth Management LLC now owns 5,322 shares of the company’s stock worth $223,000 after buying an additional 291 shares during the last quarter. AlphaCore Capital LLC boosted its stake in shares of iShares Global Energy ETF by 109.7% in the 4th quarter. AlphaCore Capital LLC now owns 734 shares of the company’s stock worth $31,000 after buying an additional 384 shares during the last quarter. Sound Income Strategies LLC boosted its stake in shares of iShares Global Energy ETF by 23.9% in the 4th quarter. Sound Income Strategies LLC now owns 2,071 shares of the company’s stock worth $92,000 after buying an additional 400 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares Global Energy ETF by 1.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 44,718 shares of the company’s stock worth $1,881,000 after buying an additional 450 shares during the last quarter. Finally, Pinnacle Associates Ltd. boosted its stake in shares of iShares Global Energy ETF by 0.5% in the 4th quarter. Pinnacle Associates Ltd. now owns 94,916 shares of the company’s stock worth $3,980,000 after buying an additional 500 shares during the last quarter.

iShares Global Energy ETF Stock Up 0.2%

Shares of NYSEARCA IXC opened at $56.15 on Friday. iShares Global Energy ETF has a twelve month low of $37.52 and a twelve month high of $59.18. The stock’s 50 day moving average price is $55.37 and its 200-day moving average price is $48.82. The company has a market capitalization of $2.73 billion, a PE ratio of 13.85 and a beta of 0.37.

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. Component companies include oil equipment and services, oil exploration and production, and oil refinery, oil storage and transportation, and coal and uranium mining companies.