Stone House Investment Management LLC Invests $1.40 Million in iShares Global Energy ETF (NYSEARCA:IXC)

Stone House Investment Management LLC acquired a new stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 35,904 shares of the company’s stock, valued at approximately $1,404,000. iShares Global Energy ETF makes up approximately 0.5% of Stone House Investment Management LLC’s investment portfolio, making the stock its 24th biggest holding. Stone House Investment Management LLC owned about 0.08% of iShares Global Energy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Citigroup Inc. grew its position in shares of iShares Global Energy ETF by 23.7% in the 1st quarter. Citigroup Inc. now owns 18,417 shares of the company’s stock worth $665,000 after buying an additional 3,523 shares during the last quarter. Bank of Montreal Can grew its stake in iShares Global Energy ETF by 9.1% during the 1st quarter. Bank of Montreal Can now owns 172,815 shares of the company’s stock worth $6,334,000 after buying an additional 14,483 shares during the last quarter. Cetera Investment Advisers grew its stake in iShares Global Energy ETF by 78.2% during the 1st quarter. Cetera Investment Advisers now owns 30,290 shares of the company’s stock worth $1,095,000 after buying an additional 13,294 shares during the last quarter. Moors & Cabot Inc. acquired a new position in iShares Global Energy ETF during the 1st quarter valued at about $406,000. Finally, Baird Financial Group Inc. raised its stake in iShares Global Energy ETF by 3.3% in the first quarter. Baird Financial Group Inc. now owns 125,994 shares of the company’s stock valued at $4,555,000 after buying an additional 4,007 shares during the last quarter.

iShares Global Energy ETF Stock Performance

IXC stock traded down $0.12 during trading on Wednesday, reaching $43.14. The company had a trading volume of 731,808 shares, compared to its average volume of 741,172. The company has a market cap of $3.38 billion, a price-to-earnings ratio of 8.03 and a beta of 0.52. iShares Global Energy ETF has a twelve month low of $35.38 and a twelve month high of $45.22. The firm has a 50-day simple moving average of $41.30 and a 200-day simple moving average of $40.07.

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.