Black Diamond Financial LLC Acquires Shares of 17,961 iShares Global Energy ETF (NYSEARCA:IXC)

Black Diamond Financial LLC bought a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 17,961 shares of the company’s stock, valued at approximately $746,000.

A number of other institutional investors have also recently modified their holdings of IXC. Envestnet Asset Management Inc. increased its position in shares of iShares Global Energy ETF by 12,125.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,339,573 shares of the company’s stock valued at $287,051,000 after buying an additional 7,279,539 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in iShares Global Energy ETF in the 4th quarter worth $78,055,000. The Manufacturers Life Insurance Company raised its position in iShares Global Energy ETF by 10,188.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,281,780 shares of the company’s stock worth $50,130,000 after acquiring an additional 1,269,322 shares during the period. Cetera Investment Advisers lifted its holdings in iShares Global Energy ETF by 173.6% during the first quarter. Cetera Investment Advisers now owns 586,992 shares of the company’s stock valued at $25,211,000 after purchasing an additional 372,411 shares in the last quarter. Finally, Wells Fargo & Company MN grew its position in shares of iShares Global Energy ETF by 150.1% in the fourth quarter. Wells Fargo & Company MN now owns 528,217 shares of the company’s stock valued at $20,659,000 after purchasing an additional 317,005 shares during the period.

iShares Global Energy ETF Stock Up 0.5 %

IXC stock opened at $39.45 on Monday. The stock has a market capitalization of $3.24 billion, a P/E ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a 52 week low of $37.02 and a 52 week high of $45.22. The firm has a 50-day simple moving average of $41.11 and a 200-day simple moving average of $41.94.

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.