DRW Securities LLC Has $2.52 Million Stake in iShares Global Energy ETF (NYSEARCA:IXC)

DRW Securities LLC reduced its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 31.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 62,275 shares of the company’s stock after selling 28,279 shares during the quarter. DRW Securities LLC’s holdings in iShares Global Energy ETF were worth $2,521,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Mount Yale Investment Advisors LLC boosted its holdings in iShares Global Energy ETF by 10.8% during the first quarter. Mount Yale Investment Advisors LLC now owns 20,472 shares of the company’s stock worth $879,000 after purchasing an additional 1,995 shares during the last quarter. Icon Wealth Advisors LLC grew its holdings in shares of iShares Global Energy ETF by 22.8% in the 1st quarter. Icon Wealth Advisors LLC now owns 105,922 shares of the company’s stock valued at $4,549,000 after acquiring an additional 19,649 shares in the last quarter. High Falls Advisors Inc grew its holdings in shares of iShares Global Energy ETF by 17.1% in the 1st quarter. High Falls Advisors Inc now owns 76,712 shares of the company’s stock valued at $3,295,000 after acquiring an additional 11,201 shares in the last quarter. Dynasty Wealth Management LLC acquired a new stake in shares of iShares Global Energy ETF in the first quarter valued at about $763,000. Finally, Ancora Advisors LLC raised its holdings in iShares Global Energy ETF by 374.7% during the first quarter. Ancora Advisors LLC now owns 21,432 shares of the company’s stock worth $921,000 after acquiring an additional 16,917 shares in the last quarter.

iShares Global Energy ETF Stock Performance

Shares of NYSEARCA IXC opened at $43.00 on Monday. The stock has a 50 day moving average price of $41.45 and a 200 day moving average price of $41.50. The stock has a market capitalization of $3.53 billion, a PE ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a 52 week low of $37.02 and a 52 week high of $45.22.

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.