Money Design Co. Ltd. trimmed its position in iShares Global Energy ETF (NYSEARCA:IXC – Free Report) by 9.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 275,503 shares of the company’s stock after selling 27,963 shares during the period. Money Design Co. Ltd.’s holdings in iShares Global Energy ETF were worth $10,384,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors also recently bought and sold shares of IXC. Foundations Investment Advisors LLC boosted its holdings in shares of iShares Global Energy ETF by 29.1% in the fourth quarter. Foundations Investment Advisors LLC now owns 7,300 shares of the company’s stock valued at $279,000 after acquiring an additional 1,646 shares in the last quarter. West Wealth Group LLC lifted its position in iShares Global Energy ETF by 19.5% in the fourth quarter. West Wealth Group LLC now owns 33,134 shares of the company’s stock valued at $1,265,000 after purchasing an additional 5,398 shares during the period. Union Bancaire Privee UBP SA purchased a new stake in iShares Global Energy ETF in the 4th quarter valued at approximately $662,000. Cyndeo Wealth Partners LLC acquired a new position in iShares Global Energy ETF during the 4th quarter worth approximately $716,000. Finally, Fifth Third Bancorp raised its stake in shares of iShares Global Energy ETF by 75.5% during the 4th quarter. Fifth Third Bancorp now owns 2,991 shares of the company’s stock worth $114,000 after buying an additional 1,287 shares in the last quarter.
iShares Global Energy ETF Price Performance
iShares Global Energy ETF stock opened at $39.62 on Wednesday. The stock’s 50 day moving average price is $40.02 and its 200 day moving average price is $40.80. iShares Global Energy ETF has a 1-year low of $36.79 and a 1-year high of $45.22. The company has a market cap of $3.26 billion, a PE ratio of 7.86 and a beta of 0.52.
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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