Sowell Financial Services LLC Makes New $702,000 Investment in iShares Global Energy ETF $IXC

Sowell Financial Services LLC bought a new stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 12,323 shares of the company’s stock, valued at approximately $702,000.

A number of other large investors have also recently made changes to their positions in IXC. Evergreen Capital Management LLC purchased a new position in iShares Global Energy ETF in the 3rd quarter worth about $36,567,000. Barrett & Company Inc. bought a new position in iShares Global Energy ETF in the 3rd quarter worth about $31,000. James Investment Research Inc. grew its stake in iShares Global Energy ETF by 2.2% in the 3rd quarter. James Investment Research Inc. now owns 26,484 shares of the company’s stock worth $1,509,000 after acquiring an additional 571 shares in the last quarter. Root Financial Partners LLC purchased a new position in shares of iShares Global Energy ETF during the third quarter worth approximately $26,000. Finally, SBI Securities Co. Ltd. increased its position in shares of iShares Global Energy ETF by 4.7% during the third quarter. SBI Securities Co. Ltd. now owns 5,156 shares of the company’s stock worth $294,000 after acquiring an additional 231 shares during the period.

iShares Global Energy ETF Stock Performance

iShares Global Energy ETF stock opened at $64.19 on Monday. iShares Global Energy ETF has a fifty-two week low of $40.55 and a fifty-two week high of $64.34. The company has a 50 day moving average price of $59.67 and a 200-day moving average price of $54.55. The company has a market capitalization of $3.48 billion, a PE ratio of 13.85 and a beta of 0.40.

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