Foundations Investment Advisors LLC Buys 1,646 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Foundations Investment Advisors LLC increased its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 29.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 7,300 shares of the company’s stock after purchasing an additional 1,646 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares Global Energy ETF were worth $279,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in IXC. Erste Asset Management GmbH bought a new stake in iShares Global Energy ETF during the third quarter valued at about $32,000. Bristlecone Advisors LLC bought a new stake in iShares Global Energy ETF during the 3rd quarter valued at approximately $57,000. Winch Advisory Services LLC grew its holdings in iShares Global Energy ETF by 776.9% in the 4th quarter. Winch Advisory Services LLC now owns 1,482 shares of the company’s stock valued at $57,000 after buying an additional 1,313 shares during the last quarter. Sunbelt Securities Inc. increased its position in iShares Global Energy ETF by 629.4% in the 2nd quarter. Sunbelt Securities Inc. now owns 2,254 shares of the company’s stock worth $94,000 after buying an additional 1,945 shares during the period. Finally, Fifth Third Bancorp lifted its holdings in shares of iShares Global Energy ETF by 75.5% during the fourth quarter. Fifth Third Bancorp now owns 2,991 shares of the company’s stock worth $114,000 after buying an additional 1,287 shares during the last quarter.

iShares Global Energy ETF Trading Down 2.1 %

Shares of iShares Global Energy ETF stock opened at $39.09 on Friday. iShares Global Energy ETF has a 1 year low of $36.79 and a 1 year high of $45.22. The company’s fifty day simple moving average is $39.85 and its 200-day simple moving average is $40.77. The company has a market cap of $3.21 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52.

iShares Global Energy ETF 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.