MML Investors Services LLC Increases Stake in iShares Global Energy ETF (NYSEARCA:IXC)

MML Investors Services LLC boosted its position in iShares Global Energy ETF (NYSEARCA:IXC) by 8.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 128,016 shares of the company’s stock after purchasing an additional 10,511 shares during the quarter. MML Investors Services LLC’s holdings in iShares Global Energy ETF were worth $4,888,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Atomi Financial Group Inc. purchased a new position in shares of iShares Global Energy ETF in the 4th quarter worth about $234,000. Madison Investment Advisors LLC purchased a new position in shares of iShares Global Energy ETF in the 4th quarter worth $1,077,000. Sierra Summit Advisors LLC grew its stake in shares of iShares Global Energy ETF by 4.2% during the 4th quarter. Sierra Summit Advisors LLC now owns 63,564 shares of the company’s stock valued at $2,427,000 after purchasing an additional 2,566 shares during the period. Bank of New York Mellon Corp increased its holdings in iShares Global Energy ETF by 14.1% during the fourth quarter. Bank of New York Mellon Corp now owns 9,033 shares of the company’s stock valued at $345,000 after buying an additional 1,116 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of iShares Global Energy ETF by 44.3% in the 4th quarter. JPMorgan Chase & Co. now owns 1,425,674 shares of the company’s stock worth $54,432,000 after purchasing an additional 437,984 shares in the last quarter.

iShares Global Energy ETF Stock Up 0.3 %

NYSEARCA IXC opened at $37.93 on Friday. iShares Global Energy ETF has a 52 week low of $33.89 and a 52 week high of $44.39. The company has a market capitalization of $1.93 billion, a P/E ratio of 13.40 and a beta of 0.74. The stock’s 50-day moving average price is $39.05 and its 200-day moving average price is $39.96.

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.