Mutual Advisors LLC Lowers Holdings in iShares Global Energy ETF $IXC

Mutual Advisors LLC trimmed its position in iShares Global Energy ETF (NYSEARCA:IXC) by 14.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,089 shares of the company’s stock after selling 1,044 shares during the quarter. Mutual Advisors LLC’s holdings in iShares Global Energy ETF were worth $245,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Signaturefd LLC lifted its holdings in shares of iShares Global Energy ETF by 5,970.0% in the 1st quarter. Signaturefd LLC now owns 607 shares of the company’s stock worth $26,000 after buying an additional 597 shares during the period. Golden State Wealth Management LLC lifted its stake in shares of iShares Global Energy ETF by 99.4% during the 1st quarter. Golden State Wealth Management LLC now owns 1,079 shares of the company’s stock worth $46,000 after purchasing an additional 538 shares during the last quarter. SouthState Corp purchased a new stake in shares of iShares Global Energy ETF during the 1st quarter worth $49,000. Sound Income Strategies LLC lifted its stake in shares of iShares Global Energy ETF by 2,153.8% during the 2nd quarter. Sound Income Strategies LLC now owns 1,758 shares of the company’s stock worth $69,000 after purchasing an additional 1,680 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of iShares Global Energy ETF by 48.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,916 shares of the company’s stock worth $81,000 after purchasing an additional 628 shares during the last quarter.

iShares Global Energy ETF Price Performance

Shares of NYSEARCA IXC opened at $40.67 on Wednesday. The stock has a market capitalization of $1.78 billion, a P/E ratio of 13.85 and a beta of 1.13. iShares Global Energy ETF has a 1-year low of $33.89 and a 1-year high of $43.29. The business has a fifty day moving average price of $41.25 and a 200 day moving average price of $39.65.

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.