Axxcess Wealth Management LLC Boosts Stock Position in iShares Global Energy ETF (NYSEARCA:IXC)

Axxcess Wealth Management LLC increased its position in iShares Global Energy ETF (NYSEARCA:IXC) by 82.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,001 shares of the company’s stock after acquiring an additional 5,861 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares Global Energy ETF were worth $496,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Atomi Financial Group Inc. purchased a new stake in shares of iShares Global Energy ETF in the fourth quarter worth $234,000. Fisher Asset Management LLC increased its stake in iShares Global Energy ETF by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 10,131,253 shares of the company’s stock worth $386,811,000 after buying an additional 298,815 shares in the last quarter. Fifth Third Bancorp increased its stake in iShares Global Energy ETF by 75.5% in the 4th quarter. Fifth Third Bancorp now owns 2,991 shares of the company’s stock worth $114,000 after buying an additional 1,287 shares in the last quarter. Kestra Investment Management LLC lifted its position in shares of iShares Global Energy ETF by 28.6% in the third quarter. Kestra Investment Management LLC now owns 65,086 shares of the company’s stock valued at $2,635,000 after acquiring an additional 14,473 shares in the last quarter. Finally, Sofi Wealth LLC bought a new position in shares of iShares Global Energy ETF in the fourth quarter worth about $604,000.

iShares Global Energy ETF Trading Down 0.6 %

NYSEARCA:IXC opened at $41.37 on Friday. The stock has a 50-day moving average price of $40.07 and a 200 day moving average price of $40.40. The stock has a market capitalization of $2.10 billion, a P/E ratio of 14.23 and a beta of 0.98. iShares Global Energy ETF has a 12-month low of $36.79 and a 12-month high of $45.22.

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.