Black Swift Group LLC Trims Stock Position in iShares Global Energy ETF (NYSEARCA:IXC)

Black Swift Group LLC trimmed its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 21.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 31,295 shares of the company’s stock after selling 8,765 shares during the quarter. Black Swift Group LLC’s holdings in iShares Global Energy ETF were worth $1,195,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in IXC. Assetmark Inc. increased its stake in shares of iShares Global Energy ETF by 12.0% during the third quarter. Assetmark Inc. now owns 6,562 shares of the company’s stock worth $266,000 after acquiring an additional 703 shares during the period. Lynx Investment Advisory increased its stake in shares of iShares Global Energy ETF by 75.4% during the third quarter. Lynx Investment Advisory now owns 15,338 shares of the company’s stock worth $621,000 after acquiring an additional 6,595 shares during the period. First Heartland Consultants Inc. acquired a new position in shares of iShares Global Energy ETF during the third quarter worth about $203,000. Claro Advisors LLC increased its stake in shares of iShares Global Energy ETF by 22.3% during the third quarter. Claro Advisors LLC now owns 6,451 shares of the company’s stock worth $261,000 after acquiring an additional 1,178 shares during the period. Finally, Thrivent Financial for Lutherans grew its position in iShares Global Energy ETF by 2.9% during the third quarter. Thrivent Financial for Lutherans now owns 146,871 shares of the company’s stock worth $5,945,000 after buying an additional 4,188 shares during the period.

iShares Global Energy ETF Trading Down 0.5 %

Shares of IXC opened at $38.48 on Thursday. The firm’s 50-day moving average is $39.72 and its two-hundred day moving average is $40.53. iShares Global Energy ETF has a twelve month low of $36.79 and a twelve month high of $45.22. The firm has a market capitalization of $1.96 billion, a P/E ratio of 13.45 and a beta of 1.01.

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.