iShares Global Energy ETF (NYSEARCA:IXC) Shares Sold by Lynx Investment Advisory

Lynx Investment Advisory lowered its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 27.3% during the fourth quarter, Holdings Channel reports. The fund owned 11,151 shares of the company’s stock after selling 4,187 shares during the quarter. Lynx Investment Advisory’s holdings in iShares Global Energy ETF were worth $426,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Atomi Financial Group Inc. acquired a new position in iShares Global Energy ETF in the fourth quarter valued at approximately $234,000. Fisher Asset Management LLC lifted its stake in shares of iShares Global Energy ETF by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 10,131,253 shares of the company’s stock valued at $386,811,000 after purchasing an additional 298,815 shares during the period. Fifth Third Bancorp boosted its holdings in iShares Global Energy ETF by 75.5% during the fourth quarter. Fifth Third Bancorp now owns 2,991 shares of the company’s stock worth $114,000 after buying an additional 1,287 shares in the last quarter. Kestra Investment Management LLC boosted its holdings in 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 buying an additional 14,473 shares in the last quarter. Finally, Sofi Wealth LLC acquired a new stake in iShares Global Energy ETF during the fourth quarter valued at $604,000.

iShares Global Energy ETF Stock Performance

Shares of iShares Global Energy ETF stock opened at $41.37 on Monday. iShares Global Energy ETF has a fifty-two week low of $36.79 and a fifty-two week high of $45.22. The company has a market cap of $2.10 billion, a P/E ratio of 14.23 and a beta of 0.98. The firm has a 50-day simple moving average of $40.07 and a two-hundred day simple moving average of $40.40.

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.