Blue Trust Inc. Sells 868 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Blue Trust Inc. lessened its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 34.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,628 shares of the company’s stock after selling 868 shares during the quarter. Blue Trust Inc.’s holdings in iShares Global Energy ETF were worth $62,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Collier Financial bought a new position in iShares Global Energy ETF during the 4th quarter worth $1,595,000. Sovran Advisors LLC bought a new position in shares of iShares Global Energy ETF during the fourth quarter worth about $475,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of iShares Global Energy ETF during the fourth quarter worth about $61,000. MFA Wealth Advisors LLC lifted its stake in shares of iShares Global Energy ETF by 12.4% in the fourth quarter. MFA Wealth Advisors LLC now owns 264,551 shares of the company’s stock worth $10,101,000 after acquiring an additional 29,213 shares during the period. Finally, Newbridge Financial Services Group Inc. bought a new stake in iShares Global Energy ETF in the fourth quarter valued at approximately $28,000.

iShares Global Energy ETF Stock Performance

NYSEARCA:IXC opened at $40.26 on Tuesday. 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 50 day simple moving average of $39.45 and a two-hundred day simple moving average of $40.62. The company has a market capitalization of $2.05 billion, a PE ratio of 13.45 and a beta of 1.01.

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.