Abbot Financial Management Inc. cut its holdings in iShares Global Energy ETF (NYSEARCA:IXC – Free Report) by 1.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,658 shares of the company’s stock after selling 370 shares during the period. Abbot Financial Management Inc.’s holdings in iShares Global Energy ETF were worth $827,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. BTG Pactual Asset Management US LLC bought a new position in iShares Global Energy ETF during the 4th quarter worth $25,000. Signaturefd LLC increased its position in shares of iShares Global Energy ETF by 5,970.0% in the first quarter. Signaturefd LLC now owns 607 shares of the company’s stock worth $26,000 after purchasing an additional 597 shares during the period. Parallel Advisors LLC raised its stake in iShares Global Energy ETF by 93.3% in the first quarter. Parallel Advisors LLC now owns 891 shares of the company’s stock valued at $37,000 after purchasing an additional 430 shares in the last quarter. GeoWealth Management LLC lifted its position in iShares Global Energy ETF by 72.2% during the fourth quarter. GeoWealth Management LLC now owns 916 shares of the company’s stock worth $35,000 after purchasing an additional 384 shares during the period. Finally, Capital A Wealth Management LLC acquired a new stake in iShares Global Energy ETF during the fourth quarter worth about $40,000.
iShares Global Energy ETF Trading Down 0.4%
Shares of NYSEARCA:IXC opened at $40.26 on Monday. The firm has a 50 day moving average of $39.51 and a 200-day moving average of $39.31. iShares Global Energy ETF has a 12 month low of $33.89 and a 12 month high of $43.29. The stock has a market capitalization of $1.78 billion, a PE ratio of 13.85 and a beta of 1.13.
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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