Legacy Wealth Managment LLC ID Takes $425,000 Position in iShares Global Energy ETF $IXC

Legacy Wealth Managment LLC ID acquired a new stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 8,647 shares of the company’s stock, valued at approximately $425,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IXC. Hsbc Holdings PLC bought a new position in iShares Global Energy ETF during the 1st quarter valued at $269,917,000. Fisher Asset Management LLC raised its stake in shares of iShares Global Energy ETF by 8.3% in the 4th quarter. Fisher Asset Management LLC now owns 14,729,493 shares of the company’s stock worth $617,608,000 after buying an additional 1,127,201 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Global Energy ETF by 4,521.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 394,266 shares of the company’s stock valued at $16,532,000 after buying an additional 385,735 shares during the period. Alliancebernstein L.P. acquired a new stake in shares of iShares Global Energy ETF in the third quarter valued at $7,510,000. Finally, Morningstar Investment Management LLC acquired a new stake in shares of iShares Global Energy ETF in the first quarter valued at $8,923,000.

iShares Global Energy ETF Stock Down 0.5%

Shares of IXC stock opened at $58.91 on Friday. The stock has a 50-day simple moving average of $54.46 and a 200 day simple moving average of $54.15. The stock has a market capitalization of $3.03 billion, a P/E ratio of 13.85 and a beta of 0.36. iShares Global Energy ETF has a fifty-two week low of $40.05 and a fifty-two week high of $59.64.

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.