Newbridge Financial Services Group Inc. Makes New $28,000 Investment in iShares Global Energy ETF (NYSEARCA:IXC)

Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 732 shares of the company’s stock, valued at approximately $28,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of IXC. Erste Asset Management GmbH acquired a new position in shares of iShares Global Energy ETF during the third quarter worth about $32,000. Bristlecone Advisors LLC acquired a new position in shares of iShares Global Energy ETF during the third quarter worth about $57,000. Winch Advisory Services LLC lifted its stake in shares of iShares Global Energy ETF by 776.9% during the fourth quarter. Winch Advisory Services LLC now owns 1,482 shares of the company’s stock worth $57,000 after purchasing an additional 1,313 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in shares of iShares Global Energy ETF by 15.5% in the third quarter. Sunbelt Securities Inc. now owns 2,604 shares of the company’s stock worth $105,000 after acquiring an additional 350 shares in the last quarter. Finally, Fifth Third Bancorp lifted its stake in shares of iShares Global Energy ETF by 75.5% in the fourth quarter. Fifth Third Bancorp now owns 2,991 shares of the company’s stock worth $114,000 after acquiring an additional 1,287 shares in the last quarter.

iShares Global Energy ETF Stock Performance

NYSEARCA:IXC opened at $40.63 on Wednesday. iShares Global Energy ETF has a one year low of $36.79 and a one year high of $45.22. The business’s 50-day simple moving average is $39.49 and its 200 day simple moving average is $40.65. The stock has a market cap of $3.34 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52.

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.