Icon Wealth Advisors LLC Sells 28,047 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Icon Wealth Advisors LLC decreased its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 76.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 8,660 shares of the company’s stock after selling 28,047 shares during the quarter. Icon Wealth Advisors LLC’s holdings in iShares Global Energy ETF were worth $351,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Zions Bancorporation N.A. bought a new position in shares of iShares Global Energy ETF in the 2nd quarter valued at $33,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares Global Energy ETF during the second quarter worth about $37,000. Bristlecone Advisors LLC acquired a new position in shares of iShares Global Energy ETF in the third quarter valued at approximately $57,000. New Millennium Group LLC acquired a new position in shares of iShares Global Energy ETF in the second quarter valued at approximately $68,000. Finally, ORG Partners LLC bought a new position in iShares Global Energy ETF in the 2nd quarter valued at approximately $71,000.

iShares Global Energy ETF Price Performance

IXC opened at $43.00 on Friday. iShares Global Energy ETF has a fifty-two week low of $37.02 and a fifty-two week high of $45.22. The company’s 50 day moving average price is $41.45 and its two-hundred day moving average price is $41.52. The firm has a market capitalization of $3.53 billion, a price-to-earnings 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.