Alpha Financial Partners LLC Takes $2.16 Million Position in iShares Global Energy ETF $IXC

Alpha Financial Partners LLC purchased a new stake in iShares Global Energy ETF (NYSEARCA:IXC) during the first quarter, Holdings Channel reports. The institutional investor purchased 37,418 shares of the company’s stock, valued at approximately $2,156,000. iShares Global Energy ETF comprises 1.3% of Alpha Financial Partners LLC’s investment portfolio, making the stock its 15th largest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hsbc Holdings PLC acquired a new position in iShares Global Energy ETF during the first quarter valued at approximately $269,917,000. Fisher Asset Management LLC raised its holdings in iShares Global Energy ETF by 8.3% in the fourth quarter. Fisher Asset Management LLC now owns 14,729,493 shares of the company’s stock worth $617,608,000 after purchasing an additional 1,127,201 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Global Energy ETF by 4,521.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 394,266 shares of the company’s stock worth $16,532,000 after purchasing an additional 385,735 shares in the last quarter. Alliancebernstein L.P. bought a new position in shares of iShares Global Energy ETF during the third quarter worth $7,510,000. Finally, Beacon Pointe Advisors LLC acquired a new position in shares of iShares Global Energy ETF in the 4th quarter valued at $4,083,000.

iShares Global Energy ETF Stock Up 1.2%

IXC opened at $54.29 on Wednesday. iShares Global Energy ETF has a 12 month low of $39.45 and a 12 month high of $59.18. The company has a fifty day simple moving average of $52.81 and a 200 day simple moving average of $51.76. The stock has a market cap of $2.65 billion, a P/E ratio of 13.85 and a beta of 0.35.

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. Component companies include oil equipment and services, oil exploration and production, and oil refinery, oil storage and transportation, and coal and uranium mining companies.