iShares Global Energy ETF $IXC Shares Sold by SCS Capital Management LLC

SCS Capital Management LLC lowered its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 36.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,394 shares of the company’s stock after selling 12,475 shares during the quarter. SCS Capital Management LLC’s holdings in iShares Global Energy ETF were worth $897,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. MFA Wealth Advisors LLC grew its position in shares of iShares Global Energy ETF by 5.2% during the fourth quarter. MFA Wealth Advisors LLC now owns 303,969 shares of the company’s stock worth $12,745,000 after buying an additional 14,964 shares in the last quarter. Fisher Asset Management LLC grew its position in shares of iShares Global Energy ETF by 8.5% during the third quarter. Fisher Asset Management LLC now owns 13,602,292 shares of the company’s stock worth $567,896,000 after buying an additional 1,068,318 shares in the last quarter. J. Safra Sarasin Holding AG acquired a new stake in shares of iShares Global Energy ETF during the fourth quarter worth approximately $953,000. Dara Capital US Inc. acquired a new stake in shares of iShares Global Energy ETF during the fourth quarter worth approximately $925,000. Finally, Client 1ST Advisory Group LLC grew its position in shares of iShares Global Energy ETF by 19.0% during the fourth quarter. Client 1ST Advisory Group LLC now owns 88,525 shares of the company’s stock worth $3,712,000 after buying an additional 14,127 shares in the last quarter.

iShares Global Energy ETF Trading Up 1.4%

IXC stock opened at $54.96 on Wednesday. iShares Global Energy ETF has a twelve month low of $38.22 and a twelve month high of $59.18. The company has a market capitalization of $2.67 billion, a P/E ratio of 13.85 and a beta of 0.37. The firm has a 50 day simple moving average of $55.32 and a 200-day simple moving average of $49.38.

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. Component companies include oil equipment and services, oil exploration and production, and oil refinery, oil storage and transportation, and coal and uranium mining companies.