Dynasty Wealth Management LLC Takes $35.97 Million Position in iShares Global Energy ETF (NYSEARCA:IXC)

Dynasty Wealth Management LLC purchased a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 942,100 shares of the company’s stock, valued at approximately $35,969,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. purchased a new stake in iShares Global Energy ETF in the 4th quarter worth approximately $28,000. Erste Asset Management GmbH acquired a new position in shares of iShares Global Energy ETF in the third quarter worth $32,000. Winch Advisory Services LLC raised its holdings 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 acquiring an additional 1,313 shares in the last quarter. Comprehensive Financial Planning Inc. PA acquired a new stake in iShares Global Energy ETF during the fourth quarter valued at $61,000. Finally, Midwest Capital Advisors LLC purchased a new position in iShares Global Energy ETF in the fourth quarter valued at about $69,000.

iShares Global Energy ETF Price Performance

IXC opened at $39.73 on Friday. The company has a market capitalization of $2.02 billion, a PE ratio of 13.45 and a beta of 1.01. The business has a 50-day moving average of $39.59 and a 200-day moving average of $40.60. iShares Global Energy ETF has a fifty-two week low of $36.79 and a fifty-two week 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.