IFG Advisory LLC Invests $616,000 in Xcel Energy Inc.

The institutional investor acquired 7,639 shares of the utility company's stock.

Published on Mar. 8, 2026

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IFG Advisory LLC acquired a new position in Xcel Energy Inc. (NASDAQ:XEL) in the third quarter, according to a recent report. The institutional investor purchased 7,639 shares of the company's stock, valued at approximately $616,000.

Why it matters

This investment highlights the continued interest from institutional investors in Xcel Energy, a major utility company serving customers across eight Western and Midwestern states. Xcel Energy has been focused on transitioning its energy mix to include more renewable sources like wind and solar power.

The details

Several other institutional investors and hedge funds have also recently modified their holdings of Xcel Energy. TIAA Trust National Association boosted its stake in Xcel Energy by 1.0% during the 3rd quarter, while Hanson & Doremus Investment Management increased its holdings by 9.1% in the same period.

  • IFG Advisory LLC acquired the new position in Xcel Energy in the third quarter of 2026.
  • The investment was valued at approximately $616,000.

The players

IFG Advisory LLC

An institutional investor that acquired a new position in Xcel Energy Inc.

Xcel Energy Inc.

A Minneapolis-based, publicly traded utility holding company that develops, owns and operates regulated electricity and natural gas delivery systems.

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The takeaway

This investment in Xcel Energy by IFG Advisory LLC reflects the continued interest from institutional investors in utility companies that are transitioning their energy mix to include more renewable sources, a trend that is expected to continue as the push for clean energy accelerates.