Cardinal Strategic Wealth Guidance Takes $2.61 Million Position in iShares Global Energy ETF (NYSEARCA:IXC)

Cardinal Strategic Wealth Guidance purchased a new stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 66,810 shares of the company’s stock, valued at approximately $2,613,000. iShares Global Energy ETF accounts for 1.0% of Cardinal Strategic Wealth Guidance’s holdings, making the stock its 17th biggest holding.

A number of other large investors also recently modified their holdings of the business. Bank of New York Mellon Corp grew its holdings in iShares Global Energy ETF by 4.4% during the third quarter. Bank of New York Mellon Corp now owns 6,495 shares of the company’s stock worth $217,000 after acquiring an additional 274 shares during the period. Blair William & Co. IL grew its holdings in iShares Global Energy ETF by 8.0% during the third quarter. Blair William & Co. IL now owns 4,327 shares of the company’s stock worth $179,000 after acquiring an additional 319 shares during the period. NewEdge Advisors LLC grew its holdings in iShares Global Energy ETF by 2.3% during the first quarter. NewEdge Advisors LLC now owns 14,150 shares of the company’s stock worth $512,000 after acquiring an additional 320 shares during the period. FMR LLC grew its holdings in iShares Global Energy ETF by 44.0% during the third quarter. FMR LLC now owns 1,804 shares of the company’s stock worth $74,000 after acquiring an additional 551 shares during the period. Finally, New Millennium Group LLC increased its stake in iShares Global Energy ETF by 54.2% in the 4th quarter. New Millennium Group LLC now owns 1,712 shares of the company’s stock worth $67,000 after purchasing an additional 602 shares in the last quarter.

iShares Global Energy ETF Stock Performance

IXC traded down $0.45 during trading on Tuesday, reaching $43.24. The company had a trading volume of 183,202 shares, compared to its average volume of 729,338. The firm’s 50-day simple moving average is $41.21 and its 200 day simple moving average is $40.05. The company has a market cap of $3.39 billion, a price-to-earnings ratio of 8.03 and a beta of 0.52. iShares Global Energy ETF has a 12-month low of $35.38 and a 12-month high of $45.22.

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.