Cypress Wealth Services LLC Has $249,000 Position in iShares Global Energy ETF (NYSEARCA:IXC)

Cypress Wealth Services LLC cut its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 33.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,528 shares of the company’s stock after selling 3,213 shares during the period. Cypress Wealth Services LLC’s holdings in iShares Global Energy ETF were worth $249,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Erste Asset Management GmbH bought a new position in shares of iShares Global Energy ETF in the third quarter worth $32,000. Bristlecone Advisors LLC acquired a new stake in iShares Global Energy ETF during the third quarter worth about $57,000. Winch Advisory Services LLC increased its holdings in iShares Global Energy ETF by 776.9% in the 4th quarter. Winch Advisory Services LLC now owns 1,482 shares of the company’s stock valued at $57,000 after buying an additional 1,313 shares during the period. Sunbelt Securities Inc. raised its position in shares of iShares Global Energy ETF by 629.4% in the 2nd quarter. Sunbelt Securities Inc. now owns 2,254 shares of the company’s stock valued at $94,000 after buying an additional 1,945 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its holdings in shares of iShares Global Energy ETF by 8.1% during the 3rd quarter. First Horizon Advisors Inc. now owns 3,691 shares of the company’s stock worth $149,000 after acquiring an additional 275 shares during the period.

iShares Global Energy ETF Price Performance

Shares of NYSEARCA:IXC opened at $41.12 on Friday. iShares Global Energy ETF has a 1 year low of $36.79 and a 1 year high of $45.22. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52. The company’s 50 day simple moving average is $40.19 and its 200 day simple moving average is $40.85.

iShares Global Energy ETF Company 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.