KM Capital Management Ltd. Reduces Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

KM Capital Management Ltd. decreased its holdings in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 13.9% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 22,687 shares of the company’s stock after selling 3,652 shares during the period. iShares Global Energy ETF makes up approximately 0.4% of KM Capital Management Ltd.’s investment portfolio, making the stock its 29th largest holding. KM Capital Management Ltd.’s holdings in iShares Global Energy ETF were worth $866,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of IXC. First Horizon Advisors Inc. lifted its holdings in iShares Global Energy ETF by 8.1% in the third quarter. First Horizon Advisors Inc. now owns 3,691 shares of the company’s stock valued at $149,000 after acquiring an additional 275 shares during the period. Citizens Financial Group Inc. RI increased its position in shares of iShares Global Energy ETF by 2.3% during the third quarter. Citizens Financial Group Inc. RI now owns 12,456 shares of the company’s stock worth $504,000 after purchasing an additional 276 shares in the last quarter. Sunbelt Securities Inc. grew its holdings in iShares Global Energy ETF by 15.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 2,604 shares of the company’s stock valued at $105,000 after buying an additional 350 shares in the last quarter. Atria Wealth Solutions Inc. grew its holdings in iShares Global Energy ETF by 8.3% in the 4th quarter. Atria Wealth Solutions Inc. now owns 6,623 shares of the company’s stock valued at $253,000 after buying an additional 507 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in iShares Global Energy ETF by 12.0% in the 3rd quarter. Assetmark Inc. now owns 6,562 shares of the company’s stock valued at $266,000 after buying an additional 703 shares in the last quarter.

iShares Global Energy ETF Trading Down 1.8 %

NYSEARCA IXC opened at $40.33 on Friday. The stock has a market cap of $3.32 billion, a PE ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a twelve month low of $36.79 and a twelve month high of $45.22. The stock has a fifty day simple moving average of $39.42 and a 200-day simple moving average of $40.62.

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.