Collective Family Office LLC reduced its holdings in iShares Global Energy ETF (NYSEARCA:IXC – Free Report) by 33.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,187 shares of the company’s stock after selling 9,250 shares during the quarter. Collective Family Office LLC’s holdings in iShares Global Energy ETF were worth $677,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. CENTRAL TRUST Co purchased a new position in shares of iShares Global Energy ETF in the first quarter worth approximately $28,000. Simplex Trading LLC increased its position in shares of iShares Global Energy ETF by 225.9% in the first quarter. Simplex Trading LLC now owns 779 shares of the company’s stock worth $29,000 after acquiring an additional 540 shares in the last quarter. Retirement Group LLC purchased a new position in shares of iShares Global Energy ETF in the fourth quarter worth approximately $30,000. Advisors Preferred LLC purchased a new position in shares of iShares Global Energy ETF in the first quarter worth approximately $33,000. Finally, Spire Wealth Management increased its position in shares of iShares Global Energy ETF by 608.5% in the first quarter. Spire Wealth Management now owns 921 shares of the company’s stock worth $35,000 after acquiring an additional 791 shares in the last quarter.
iShares Global Energy ETF Price Performance
IXC traded up $0.08 on Monday, reaching $41.85. 229,009 shares of the company traded hands, compared to its average volume of 546,955. The stock’s 50 day moving average price is $39.55 and its 200-day moving average price is $38.22. iShares Global Energy ETF has a 52-week low of $31.91 and a 52-week high of $42.26. The company has a market cap of $1.93 billion, a price-to-earnings ratio of 14.37 and a beta of 1.13.
About iShares Global Energy ETF
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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