Chesley Taft & Associates LLC Sells 2,500 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Chesley Taft & Associates LLC lessened its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 9.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 24,625 shares of the company’s stock after selling 2,500 shares during the period. Chesley Taft & Associates LLC’s holdings in iShares Global Energy ETF were worth $940,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Foundations Investment Advisors LLC bought a new position in shares of iShares Global Energy ETF during the 3rd quarter valued at approximately $229,000. Kestra Investment Management LLC bought a new position in shares of iShares Global Energy ETF in the second quarter worth approximately $2,101,000. Cubist Systematic Strategies LLC bought a new position in shares of iShares Global Energy ETF in the second quarter worth approximately $860,000. Financial Life Advisors increased its stake in shares of iShares Global Energy ETF by 5.3% in the third quarter. Financial Life Advisors now owns 51,197 shares of the company’s stock worth $2,072,000 after purchasing an additional 2,569 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in shares of iShares Global Energy ETF by 14,234.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 778,499 shares of the company’s stock valued at $32,315,000 after purchasing an additional 773,068 shares during the period.

iShares Global Energy ETF Stock Performance

Shares of iShares Global Energy ETF stock opened at $41.00 on Wednesday. iShares Global Energy ETF has a fifty-two week low of $36.79 and a fifty-two week high of $45.22. The company has a market capitalization of $3.37 billion, a P/E ratio of 7.86 and a beta of 0.52. The company has a fifty day moving average of $40.17 and a 200 day moving average of $40.83.

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.