Family Asset Management LLC Trims Stock Position in iShares Global Energy ETF (NYSEARCA:IXC)

Family Asset Management LLC cut its position in iShares Global Energy ETF (NYSEARCA:IXC) by 7.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,709 shares of the company’s stock after selling 281 shares during the quarter. Family Asset Management LLC’s holdings in iShares Global Energy ETF were worth $150,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of IXC. Cardinal Strategic Wealth Guidance increased its holdings in shares of iShares Global Energy ETF by 4.8% in the third quarter. Cardinal Strategic Wealth Guidance now owns 45,206 shares of the company’s stock worth $1,830,000 after purchasing an additional 2,075 shares during the period. Gladstone Institutional Advisory LLC grew its position in iShares Global Energy ETF by 16.3% during the third quarter. Gladstone Institutional Advisory LLC now owns 41,532 shares of the company’s stock worth $1,681,000 after buying an additional 5,823 shares in the last quarter. Strategic Wealth Investment Group LLC increased its stake in iShares Global Energy ETF by 52.6% in the 3rd quarter. Strategic Wealth Investment Group LLC now owns 218,182 shares of the company’s stock worth $9,020,000 after acquiring an additional 75,242 shares during the last quarter. Bristlecone Advisors LLC purchased a new stake in shares of iShares Global Energy ETF in the 3rd quarter valued at about $57,000. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares Global Energy ETF by 6.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 40,659 shares of the company’s stock valued at $1,646,000 after acquiring an additional 2,303 shares during the last quarter.

iShares Global Energy ETF Stock Up 1.4 %

Shares of IXC stock traded up $0.57 during trading on Wednesday, hitting $41.62. The company had a trading volume of 46,834 shares, compared to its average volume of 728,653. The stock’s 50-day moving average is $40.98 and its two-hundred day moving average is $41.63. The stock has a market capitalization of $3.42 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a 52 week low of $37.02 and a 52 week high of $45.22.

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.