Mercer Global Advisors Inc. ADV Reduces Position in iShares Global Energy ETF (NYSEARCA:IXC)

Mercer Global Advisors Inc. ADV lowered its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 8.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,086 shares of the company’s stock after selling 1,445 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in iShares Global Energy ETF were worth $576,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IXC. Dynasty Wealth Management LLC purchased a new stake in shares of iShares Global Energy ETF in the fourth quarter valued at $35,969,000. Sagespring Wealth Partners LLC acquired a new position in iShares Global Energy ETF in the fourth quarter valued at $33,534,000. JPMorgan Chase & Co. boosted its holdings in iShares Global Energy ETF by 44.3% in the fourth quarter. JPMorgan Chase & Co. now owns 1,425,674 shares of the company’s stock valued at $54,432,000 after acquiring an additional 437,984 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in iShares Global Energy ETF by 3.0% in the fourth quarter. Fisher Asset Management LLC now owns 10,131,253 shares of the company’s stock valued at $386,811,000 after acquiring an additional 298,815 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in iShares Global Energy ETF in the fourth quarter valued at $8,420,000.

iShares Global Energy ETF Trading Up 1.6%

Shares of iShares Global Energy ETF stock opened at $38.64 on Tuesday. iShares Global Energy ETF has a twelve month low of $33.89 and a twelve month high of $43.98. The stock has a market capitalization of $1.96 billion, a P/E ratio of 13.55 and a beta of 0.71. The business’s fifty day moving average price is $38.57 and its 200 day moving average price is $39.63.

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.