Kohmann Bosshard Financial Services LLC Invests $31,000 in iShares Global Energy ETF (NYSEARCA:IXC)

Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC) in the fourth quarter, Holdings Channel reports. The fund acquired 807 shares of the company’s stock, valued at approximately $31,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IXC. Newbridge Financial Services Group Inc. bought a new position in shares of iShares Global Energy ETF during the 4th quarter worth about $28,000. Erste Asset Management GmbH bought a new position in shares of iShares Global Energy ETF during the 3rd quarter worth about $32,000. Winch Advisory Services LLC lifted its holdings in shares of iShares Global Energy ETF by 776.9% during the 4th quarter. Winch Advisory Services LLC now owns 1,482 shares of the company’s stock worth $57,000 after acquiring an additional 1,313 shares during the period. Comprehensive Financial Planning Inc. PA bought a new position in shares of iShares Global Energy ETF during the 4th quarter worth about $61,000. Finally, Midwest Capital Advisors LLC bought a new position in iShares Global Energy ETF during the 4th quarter valued at about $69,000.

iShares Global Energy ETF Stock Down 2.7 %

Shares of IXC stock opened at $39.04 on Tuesday. iShares Global Energy ETF has a 12-month low of $36.79 and a 12-month high of $45.22. The company has a market capitalization of $1.99 billion, a P/E ratio of 13.45 and a beta of 1.01. The firm has a 50-day moving average price of $39.68 and a 200 day moving average price of $40.56.

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.