Strategic Wealth Investment Group LLC Decreases Stock Holdings in iShares Global Energy ETF $IXC

Strategic Wealth Investment Group LLC reduced its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 32.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 183,236 shares of the company’s stock after selling 86,378 shares during the period. Strategic Wealth Investment Group LLC’s holdings in iShares Global Energy ETF were worth $7,683,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Prudential PLC raised its stake in iShares Global Energy ETF by 6.1% during the 4th quarter. Prudential PLC now owns 59,500 shares of the company’s stock worth $2,495,000 after acquiring an additional 3,400 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in iShares Global Energy ETF by 8.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 9,243 shares of the company’s stock worth $388,000 after acquiring an additional 712 shares in the last quarter. Fisher Asset Management LLC raised its stake in iShares Global Energy ETF by 8.3% during the 4th quarter. Fisher Asset Management LLC now owns 14,729,493 shares of the company’s stock worth $617,608,000 after acquiring an additional 1,127,201 shares in the last quarter. Clearstead Advisors LLC acquired a new stake in iShares Global Energy ETF during the 4th quarter worth $31,000. Finally, Clune & Associates LTD. raised its stake in iShares Global Energy ETF by 17.8% during the 4th quarter. Clune & Associates LTD. now owns 62,494 shares of the company’s stock worth $2,620,000 after acquiring an additional 9,454 shares in the last quarter.

iShares Global Energy ETF Price Performance

Shares of NYSEARCA:IXC opened at $54.25 on Friday. The company’s fifty day moving average price is $55.22 and its 200 day moving average price is $49.67. iShares Global Energy ETF has a 12 month low of $38.53 and a 12 month high of $59.18. The firm has a market capitalization of $2.64 billion, a P/E ratio of 13.85 and a beta of 0.34.

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.