Midwest Capital Advisors LLC Buys New Stake in iShares Global Energy ETF (NYSEARCA:IXC)

Midwest Capital Advisors LLC bought a new stake in iShares Global Energy ETF (NYSEARCA:IXC) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 1,802 shares of the company’s stock, valued at approximately $69,000.

Other large investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Global Energy ETF in the 4th quarter valued at $28,000. Erste Asset Management GmbH acquired a new position in shares of iShares Global Energy ETF in the 3rd quarter valued at $32,000. Bristlecone Advisors LLC acquired a new position in shares of iShares Global Energy ETF in the 3rd quarter valued at $57,000. Winch Advisory Services LLC lifted its stake in shares of 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 purchasing an additional 1,313 shares during the period. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in shares of iShares Global Energy ETF in the 4th quarter valued at $61,000.

iShares Global Energy ETF Price Performance

IXC opened at $40.33 on Monday. The firm has a fifty day moving average price of $39.42 and a 200 day moving average price of $40.62. iShares Global Energy ETF has a 1 year low of $36.79 and a 1 year high of $45.22. The stock has a market cap of $3.32 billion, a P/E ratio of 7.86 and a beta of 0.52.

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.