Cobblestone Asset Management LLC Has $1.23 Million Stake in iShares Global Energy ETF (NYSEARCA:IXC)

Cobblestone Asset Management LLC raised its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 22.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,555 shares of the company’s stock after purchasing an additional 5,172 shares during the quarter. iShares Global Energy ETF accounts for about 0.8% of Cobblestone Asset Management LLC’s portfolio, making the stock its 21st biggest position. Cobblestone Asset Management LLC’s holdings in iShares Global Energy ETF were worth $1,226,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of IXC. Retirement Planning Group LLC lifted its position in shares of iShares Global Energy ETF by 4.6% during the 1st quarter. Retirement Planning Group LLC now owns 7,422 shares of the company’s stock worth $319,000 after buying an additional 327 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its position in iShares Global Energy ETF by 2.5% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 14,336 shares of the company’s stock worth $561,000 after purchasing an additional 350 shares during the last quarter. Sound Income Strategies LLC grew its stake in iShares Global Energy ETF by 28.9% in the 1st quarter. Sound Income Strategies LLC now owns 1,786 shares of the company’s stock valued at $77,000 after purchasing an additional 400 shares during the period. Ameraudi Asset Management Inc. increased its position in shares of iShares Global Energy ETF by 3.6% during the 4th quarter. Ameraudi Asset Management Inc. now owns 16,210 shares of the company’s stock valued at $634,000 after purchasing an additional 557 shares during the last quarter. Finally, Peapack Gladstone Financial Corp raised its stake in shares of iShares Global Energy ETF by 7.1% during the 4th quarter. Peapack Gladstone Financial Corp now owns 9,031 shares of the company’s stock worth $354,000 after purchasing an additional 600 shares during the period.

iShares Global Energy ETF Trading Up 0.4 %

Shares of NYSEARCA:IXC traded up $0.16 during midday trading on Monday, reaching $41.67. The company had a trading volume of 633,787 shares, compared to its average volume of 897,122. iShares Global Energy ETF has a 52-week low of $35.95 and a 52-week high of $45.22. The company’s 50 day moving average price is $42.46 and its 200 day moving average price is $41.07. The stock has a market cap of $3.43 billion, a P/E ratio of 7.86 and a beta of 0.52.

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.