Choreo LLC Purchases New Position in iShares Global Energy ETF (NYSEARCA:IXC)

Choreo LLC purchased a new stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 29,850 shares of the company’s stock, valued at approximately $1,167,000.

Several other hedge funds and other institutional investors also recently modified their holdings of IXC. SYM FINANCIAL Corp purchased a new stake in iShares Global Energy ETF in the third quarter worth about $26,000. Bourgeon Capital Management LLC purchased a new stake in shares of iShares Global Energy ETF during the third quarter valued at approximately $40,000. Northwest Capital Management Inc purchased a new stake in shares of iShares Global Energy ETF during the fourth quarter valued at approximately $46,000. Sound Income Strategies LLC purchased a new stake in shares of iShares Global Energy ETF during the fourth quarter valued at approximately $54,000. Finally, New Millennium Group LLC grew its holdings in shares of iShares Global Energy ETF by 54.2% during the fourth quarter. New Millennium Group LLC now owns 1,712 shares of the company’s stock valued at $67,000 after buying an additional 602 shares during the last quarter.

iShares Global Energy ETF Stock Down 2.6 %

NYSEARCA:IXC opened at $43.13 on Wednesday. The company’s 50 day moving average price is $42.28 and its 200-day moving average price is $40.32. iShares Global Energy ETF has a 52 week low of $35.38 and a 52 week high of $45.22. The stock has a market cap of $3.55 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52.

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.