Integrated Advisors Network LLC Reduces Position in iShares Global Energy ETF (NYSEARCA:IXC)

Integrated Advisors Network LLC lessened its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 3.7% in the third quarter, HoldingsChannel.com reports. The firm owned 6,468 shares of the company’s stock after selling 250 shares during the quarter. Integrated Advisors Network LLC’s holdings in iShares Global Energy ETF were worth $262,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in IXC. Diversified Trust Co boosted its stake in shares of iShares Global Energy ETF by 12.6% during the first quarter. Diversified Trust Co now owns 5,947 shares of the company’s stock valued at $255,000 after purchasing an additional 666 shares during the period. J.W. Cole Advisors Inc. lifted its stake in iShares Global Energy ETF by 12.0% in the first quarter. J.W. Cole Advisors Inc. now owns 6,007 shares of the company’s stock worth $258,000 after acquiring an additional 642 shares during the period. Private Advisor Group LLC lifted its stake in iShares Global Energy ETF by 7.2% in the first quarter. Private Advisor Group LLC now owns 44,600 shares of the company’s stock worth $1,916,000 after acquiring an additional 2,993 shares during the period. Diversify Advisory Services LLC purchased a new stake in iShares Global Energy ETF in the first quarter worth $639,000. Finally, BNP Paribas Financial Markets lifted its stake in iShares Global Energy ETF by 78.3% in the first quarter. BNP Paribas Financial Markets now owns 6,851 shares of the company’s stock worth $294,000 after acquiring an additional 3,009 shares during the period.

iShares Global Energy ETF Stock Down 0.6 %

Shares of IXC stock opened at $40.22 on Friday. The stock has a fifty day moving average of $41.03 and a 200 day moving average of $41.68. iShares Global Energy ETF has a 52 week low of $37.02 and a 52 week high of $45.22. The firm has a market capitalization of $3.31 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52.

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.