Cyndeo Wealth Partners LLC Makes New Investment in iShares Global Energy ETF (NYSEARCA:IXC)

Cyndeo Wealth Partners LLC acquired a new position in shares of iShares Global Energy ETF (NYSEARCA:IXC) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 18,742 shares of the company’s stock, valued at approximately $716,000.

Several other hedge funds also recently made changes to their positions in IXC. Fisher Asset Management LLC grew its holdings in shares of iShares Global Energy ETF by 17.9% during the third quarter. Fisher Asset Management LLC now owns 9,832,438 shares of the company’s stock worth $398,017,000 after purchasing an additional 1,491,283 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of iShares Global Energy ETF by 14,234.4% during the second quarter. The Manufacturers Life Insurance Company now owns 778,499 shares of the company’s stock worth $32,315,000 after buying an additional 773,068 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of iShares Global Energy ETF during the second quarter worth about $22,940,000. Bank of Montreal Can boosted its stake in shares of iShares Global Energy ETF by 58.5% during the second quarter. Bank of Montreal Can now owns 272,376 shares of the company’s stock worth $11,313,000 after buying an additional 100,512 shares during the period. Finally, International Assets Investment Management LLC boosted its stake in shares of iShares Global Energy ETF by 2,945.3% during the third quarter. International Assets Investment Management LLC now owns 103,205 shares of the company’s stock worth $4,178,000 after buying an additional 99,816 shares during the period.

iShares Global Energy ETF Stock Performance

Shares of IXC opened at $40.26 on Friday. iShares Global Energy ETF has a fifty-two week low of $36.79 and a fifty-two week high of $45.22. The company has a market capitalization of $3.31 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52. The firm has a 50-day simple moving average of $40.07 and a 200-day simple moving average of $40.81.

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.