Spectrum Wealth Counsel LLC Sells 41,977 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Spectrum Wealth Counsel LLC trimmed its position in iShares Global Energy ETF (NYSEARCA:IXC) by 94.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,248 shares of the company’s stock after selling 41,977 shares during the quarter. Spectrum Wealth Counsel LLC’s holdings in iShares Global Energy ETF were worth $93,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. New Republic Capital LLC boosted its holdings in iShares Global Energy ETF by 30.9% during the first quarter. New Republic Capital LLC now owns 1,340 shares of the company’s stock worth $58,000 after buying an additional 316 shares during the last quarter. Walkner Condon Financial Advisors LLC raised its position in shares of iShares Global Energy ETF by 2.8% in the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 11,941 shares of the company’s stock valued at $495,000 after acquiring an additional 326 shares during the period. Retirement Planning Group LLC grew its holdings in iShares Global Energy ETF by 4.6% during the first quarter. Retirement Planning Group LLC now owns 7,422 shares of the company’s stock valued at $319,000 after purchasing an additional 327 shares during the period. J.W. Cole Advisors Inc. grew its holdings in iShares Global Energy ETF by 6.1% during the second quarter. J.W. Cole Advisors Inc. now owns 6,375 shares of the company’s stock valued at $265,000 after purchasing an additional 368 shares during the period. Finally, Edmond DE Rothschild Holding S.A. increased its stake in iShares Global Energy ETF by 33.9% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 1,540 shares of the company’s stock valued at $66,000 after purchasing an additional 390 shares in the last quarter.

iShares Global Energy ETF Stock Performance

IXC opened at $39.45 on Friday. iShares Global Energy ETF has a twelve month low of $37.02 and a twelve month high of $45.22. The firm has a market cap of $3.24 billion, a PE ratio of 7.86 and a beta of 0.52. The firm’s fifty day moving average is $41.11 and its two-hundred day moving average is $41.93.

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.