Strategic Wealth Investment Group LLC Sells 179,982 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Strategic Wealth Investment Group LLC lowered its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 94.4% in the 1st quarter, HoldingsChannel reports. The firm owned 10,619 shares of the company’s stock after selling 179,982 shares during the quarter. Strategic Wealth Investment Group LLC’s holdings in iShares Global Energy ETF were worth $447,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IXC. Financial Advisory Corp boosted its position in iShares Global Energy ETF by 2.4% during the 1st quarter. Financial Advisory Corp now owns 289,667 shares of the company’s stock valued at $12,186,000 after acquiring an additional 6,853 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of iShares Global Energy ETF by 75.3% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,560 shares of the company’s stock valued at $66,000 after buying an additional 670 shares during the period. Parallel Advisors LLC increased its stake in shares of iShares Global Energy ETF by 93.3% in the 1st quarter. Parallel Advisors LLC now owns 891 shares of the company’s stock worth $37,000 after purchasing an additional 430 shares in the last quarter. GAMMA Investing LLC increased its stake in iShares Global Energy ETF by 4,107.1% in the 1st quarter. GAMMA Investing LLC now owns 10,139 shares of the company’s stock worth $427,000 after buying an additional 9,898 shares in the last quarter. Finally, Jefferies Financial Group Inc. increased its stake in iShares Global Energy ETF by 149.3% in the 4th quarter. Jefferies Financial Group Inc. now owns 20,872 shares of the company’s stock worth $797,000 after buying an additional 12,500 shares in the last quarter.

iShares Global Energy ETF Stock Up 1.6%

Shares of iShares Global Energy ETF stock opened at $38.85 on Monday. The firm has a market cap of $1.98 billion, a price-to-earnings ratio of 13.55 and a beta of 0.70. The business has a 50-day moving average price of $37.69 and a 200-day moving average price of $39.22. iShares Global Energy ETF has a twelve month low of $33.89 and a twelve month high of $43.29.

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.