iShares Global Energy ETF (NYSEARCA:IXC) Shares Sold by Edge Capital Group LLC

Edge Capital Group LLC reduced its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 10.4% in the 4th quarter, Holdings Channel reports. The firm owned 42,946 shares of the company’s stock after selling 4,965 shares during the quarter. Edge Capital Group LLC’s holdings in iShares Global Energy ETF were worth $1,640,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Atomi Financial Group Inc. acquired a new stake in shares of iShares Global Energy ETF during the fourth quarter valued at about $234,000. Foundations Investment Advisors LLC acquired a new stake in shares of iShares Global Energy ETF during the third quarter valued at about $229,000. Fifth Third Bancorp grew its stake in shares of iShares Global Energy ETF by 75.5% during the fourth quarter. Fifth Third Bancorp now owns 2,991 shares of the company’s stock valued at $114,000 after acquiring an additional 1,287 shares in the last quarter. Kestra Investment Management LLC lifted its position in shares of iShares Global Energy ETF by 28.6% during the third quarter. Kestra Investment Management LLC now owns 65,086 shares of the company’s stock worth $2,635,000 after purchasing an additional 14,473 shares during the last quarter. Finally, Benjamin Edwards Inc. bought a new position in shares of iShares Global Energy ETF during the third quarter worth about $312,000.

iShares Global Energy ETF Stock Performance

Shares of IXC stock opened at $40.33 on Monday. iShares Global Energy ETF has a one year low of $36.79 and a one year high of $45.22. The company’s 50-day simple moving average is $39.42 and its 200-day simple moving average is $40.62. The stock has a market capitalization of $3.32 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.