Family Asset Management LLC lowered its stake in iShares Global Energy ETF (NYSEARCA:IXC – Free Report) by 7.0% in the third quarter, HoldingsChannel reports. The institutional investor owned 3,709 shares of the company’s stock after selling 281 shares during the period. Family Asset Management LLC’s holdings in iShares Global Energy ETF were worth $150,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. New Republic Capital LLC raised its stake in iShares Global Energy ETF by 30.9% in the 1st quarter. New Republic Capital LLC now owns 1,340 shares of the company’s stock worth $58,000 after acquiring an additional 316 shares during the last quarter. Walkner Condon Financial Advisors LLC raised its stake in shares of iShares Global Energy ETF by 2.8% in the second quarter. Walkner Condon Financial Advisors LLC now owns 11,941 shares of the company’s stock worth $495,000 after purchasing an additional 326 shares during the last quarter. J.W. Cole Advisors Inc. lifted its holdings in shares of iShares Global Energy ETF by 6.1% during the second quarter. J.W. Cole Advisors Inc. now owns 6,375 shares of the company’s stock worth $265,000 after purchasing an additional 368 shares during the period. Edmond DE Rothschild Holding S.A. boosted its position in iShares Global Energy ETF by 33.9% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 1,540 shares of the company’s stock valued at $66,000 after buying an additional 390 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its holdings in iShares Global Energy ETF by 2.5% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 19,265 shares of the company’s stock worth $780,000 after buying an additional 476 shares during the period.
iShares Global Energy ETF Price Performance
IXC traded up $0.57 during trading on Wednesday, reaching $41.62. 46,834 shares of the company’s stock were exchanged, compared to its average volume of 728,653. iShares Global Energy ETF has a 1 year low of $37.02 and a 1 year high of $45.22. The company’s fifty day simple moving average is $40.98 and its 200-day simple moving average is $41.63. The stock has a market capitalization of $3.42 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.
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