6,426 Shares in iShares Global Energy ETF (NYSEARCA:IXC) Bought by MGO Private Wealth LLC

MGO Private Wealth LLC acquired a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 6,426 shares of the company’s stock, valued at approximately $251,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Stonebrook Private Inc. purchased a new stake in iShares Global Energy ETF in the fourth quarter valued at about $1,417,000. Transcend Capital Advisors LLC purchased a new stake in iShares Global Energy ETF in the fourth quarter valued at about $200,000. Truist Financial Corp raised its stake in iShares Global Energy ETF by 39.1% in the fourth quarter. Truist Financial Corp now owns 63,698 shares of the company’s stock valued at $2,491,000 after buying an additional 17,901 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new stake in iShares Global Energy ETF in the fourth quarter valued at about $5,206,000. Finally, Marks Group Wealth Management Inc purchased a new stake in iShares Global Energy ETF in the fourth quarter valued at about $585,000.

iShares Global Energy ETF Trading Down 0.7 %

Shares of IXC stock traded down $0.29 during mid-day trading on Friday, reaching $44.08. The stock had a trading volume of 495,800 shares, compared to its average volume of 738,365. The business’s fifty day moving average is $42.10 and its 200-day moving average is $40.28. The firm has a market cap of $3.45 billion, a price-to-earnings ratio of 8.03 and a beta of 0.52. iShares Global Energy ETF has a 1-year low of $35.38 and a 1-year high of $45.22.

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.