iShares Global Energy ETF (NYSEARCA:IXC) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its position in iShares Global Energy ETF (NYSEARCA:IXC) by 89.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 818,146 shares of the company’s stock after selling 7,085,584 shares during the quarter. Envestnet Asset Management Inc.’s holdings in iShares Global Energy ETF were worth $33,961,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. ICA Group Wealth Management LLC purchased a new position in iShares Global Energy ETF in the fourth quarter valued at $25,000. Zions Bancorporation N.A. purchased a new position in shares of iShares Global Energy ETF in the 2nd quarter valued at about $33,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares Global Energy ETF during the second quarter worth about $37,000. New Republic Capital LLC purchased a new stake in shares of iShares Global Energy ETF during the fourth quarter worth approximately $40,000. Finally, Edmond DE Rothschild Holding S.A. acquired a new stake in iShares Global Energy ETF in the fourth quarter valued at approximately $45,000.

iShares Global Energy ETF Stock Down 0.2 %

NYSEARCA IXC opened at $40.69 on Friday. iShares Global Energy ETF has a 52 week low of $37.02 and a 52 week high of $45.22. The firm has a 50 day moving average of $41.02 and a two-hundred day moving average of $41.94. The stock has a market capitalization of $3.34 billion, a PE ratio of 7.86 and a beta of 0.52.

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.