Dakota Wealth Management Lowers Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

Dakota Wealth Management cut its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 9.1% during the fourth quarter, Holdings Channel reports. The firm owned 56,213 shares of the company’s stock after selling 5,624 shares during the quarter. Dakota Wealth Management’s holdings in iShares Global Energy ETF were worth $2,146,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Erste Asset Management GmbH purchased a new position in iShares Global Energy ETF in the 3rd quarter worth approximately $32,000. Bristlecone Advisors LLC purchased a new position in iShares Global Energy ETF in the 3rd quarter worth approximately $57,000. Winch Advisory Services LLC lifted its holdings in iShares Global Energy ETF by 776.9% in the 4th quarter. Winch Advisory Services LLC now owns 1,482 shares of the company’s stock worth $57,000 after purchasing an additional 1,313 shares in the last quarter. Sunbelt Securities Inc. lifted its holdings in iShares Global Energy ETF by 629.4% in the 2nd quarter. Sunbelt Securities Inc. now owns 2,254 shares of the company’s stock worth $94,000 after purchasing an additional 1,945 shares in the last quarter. Finally, Retirement Wealth Solutions LLC purchased a new stake in shares of iShares Global Energy ETF during the 4th quarter worth approximately $130,000.

iShares Global Energy ETF Price Performance

Shares of IXC opened at $40.62 on Friday. The stock has a market capitalization of $3.34 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a 1 year low of $36.79 and a 1 year high of $45.22. The business’s 50 day simple moving average is $40.14 and its 200-day simple moving average is $40.82.

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.