Cardinal Strategic Wealth Guidance Sells 26,963 Shares of iShares Global Energy ETF $IXC

Cardinal Strategic Wealth Guidance cut its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 77.0% in the 2nd quarter, Holdings Channel reports. The firm owned 8,045 shares of the company’s stock after selling 26,963 shares during the period. Cardinal Strategic Wealth Guidance’s holdings in iShares Global Energy ETF were worth $316,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IXC. Nicholson Meyer Capital Management Inc. bought a new position in iShares Global Energy ETF in the 1st quarter worth $3,795,000. Jane Street Group LLC raised its holdings in iShares Global Energy ETF by 16.3% in the 1st quarter. Jane Street Group LLC now owns 437,908 shares of the company’s stock worth $18,423,000 after purchasing an additional 61,294 shares in the last quarter. Verger Capital Management LLC raised its holdings in iShares Global Energy ETF by 11.5% in the 1st quarter. Verger Capital Management LLC now owns 423,572 shares of the company’s stock worth $17,820,000 after purchasing an additional 43,837 shares in the last quarter. Royal Bank of Canada raised its holdings in iShares Global Energy ETF by 15.5% in the 1st quarter. Royal Bank of Canada now owns 292,673 shares of the company’s stock worth $12,313,000 after purchasing an additional 39,306 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in iShares Global Energy ETF by 17.7% in the 1st quarter. Raymond James Financial Inc. now owns 259,494 shares of the company’s stock worth $10,917,000 after purchasing an additional 38,961 shares in the last quarter.

iShares Global Energy ETF Trading Up 0.9%

Shares of NYSEARCA IXC opened at $41.81 on Friday. The firm has a fifty day simple moving average of $41.01 and a two-hundred day simple moving average of $39.68. The firm has a market capitalization of $1.83 billion, a PE ratio of 13.85 and a beta of 1.13. iShares Global Energy ETF has a 12 month low of $33.89 and a 12 month high of $43.29.

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.