Harbour Investments Inc. Lowers Stock Position in iShares Global Energy ETF (NYSEARCA:IXC)

Harbour Investments Inc. lessened its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 62.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,259 shares of the company’s stock after selling 7,131 shares during the quarter. Harbour Investments Inc.’s holdings in iShares Global Energy ETF were worth $177,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. ICA Group Wealth Management LLC purchased a new stake in shares of iShares Global Energy ETF during the 4th quarter worth approximately $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares Global Energy ETF during the 2nd quarter worth approximately $37,000. New Republic Capital LLC purchased a new stake in shares of iShares Global Energy ETF during the 4th quarter worth approximately $40,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in shares of iShares Global Energy ETF during the 4th quarter worth approximately $45,000. Finally, Edmond DE Rothschild Holding S.A. purchased a new stake in shares of iShares Global Energy ETF during the 4th quarter worth approximately $45,000.

iShares Global Energy ETF Price Performance

Shares of NYSEARCA:IXC opened at $41.95 on Friday. The business’s 50 day simple moving average is $41.44 and its 200-day simple moving average is $41.86. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a 12 month low of $37.02 and a 12 month high of $45.22.

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.