IMG Wealth Management Inc. Makes New Investment in iShares Global Energy ETF (NYSEARCA:IXC)

IMG Wealth Management Inc. purchased a new position in iShares Global Energy ETF (NYSEARCA:IXC) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,036 shares of the company’s stock, valued at approximately $40,000.

Other large investors also recently modified their holdings of the company. Corient Private Wealth LLC boosted its position in shares of iShares Global Energy ETF by 5.6% during the fourth quarter. Corient Private Wealth LLC now owns 26,018 shares of the company’s stock worth $993,000 after buying an additional 1,389 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares Global Energy ETF by 0.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 117,546 shares of the company’s stock worth $4,488,000 after buying an additional 1,103 shares during the period. Madison Investment Advisors LLC acquired a new position in shares of iShares Global Energy ETF during the fourth quarter worth about $1,077,000. MGO Private Wealth LLC boosted its position in shares of iShares Global Energy ETF by 37.5% during the fourth quarter. MGO Private Wealth LLC now owns 8,838 shares of the company’s stock worth $337,000 after buying an additional 2,412 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in shares of iShares Global Energy ETF by 2.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 263,848 shares of the company’s stock worth $10,074,000 after buying an additional 5,629 shares during the period.

iShares Global Energy ETF Price Performance

IXC stock opened at $40.76 on Tuesday. The stock has a market capitalization of $2.07 billion, a P/E ratio of 14.23 and a beta of 0.98. The business has a 50-day moving average of $39.91 and a 200-day moving average of $40.40. iShares Global Energy ETF has a fifty-two week low of $36.79 and a fifty-two week high of $45.22.

iShares Global Energy ETF 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.