First Horizon Advisors Inc. Cuts Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

First Horizon Advisors Inc. cut its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 66.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,252 shares of the company’s stock after selling 2,439 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares Global Energy ETF were worth $48,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. purchased a new position in iShares Global Energy ETF during the fourth quarter worth about $28,000. Erste Asset Management GmbH purchased a new position in iShares Global Energy ETF in the third quarter valued at about $32,000. Winch Advisory Services LLC boosted its stake in iShares Global Energy ETF by 776.9% in the fourth quarter. Winch Advisory Services LLC now owns 1,482 shares of the company’s stock valued at $57,000 after acquiring an additional 1,313 shares during the last quarter. Comprehensive Financial Planning Inc. PA purchased a new position in iShares Global Energy ETF in the fourth quarter valued at about $61,000. Finally, Sunbelt Securities Inc. boosted its stake in iShares Global Energy ETF by 15.5% in the third quarter. Sunbelt Securities Inc. now owns 2,604 shares of the company’s stock valued at $105,000 after acquiring an additional 350 shares during the last quarter.

iShares Global Energy ETF Stock Down 0.1 %

IXC opened at $39.73 on Friday. The stock has a market cap of $2.02 billion, a price-to-earnings ratio of 13.45 and a beta of 1.01. iShares Global Energy ETF has a twelve month low of $36.79 and a twelve month high of $45.22. The company’s 50-day moving average price is $39.59 and its two-hundred day moving average price is $40.60.

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.