iShares Global Energy ETF (NYSEARCA:IXC) Holdings Lowered by Bessemer Group Inc.

Bessemer Group Inc. trimmed its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 18.0% during the first quarter, Holdings Channel reports. The institutional investor owned 6,612 shares of the company’s stock after selling 1,456 shares during the period. Bessemer Group Inc.’s holdings in iShares Global Energy ETF were worth $278,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. BTG Pactual Asset Management US LLC purchased a new position in shares of iShares Global Energy ETF in the fourth quarter worth approximately $25,000. GeoWealth Management LLC grew its position in iShares Global Energy ETF by 72.2% during the fourth quarter. GeoWealth Management LLC now owns 916 shares of the company’s stock valued at $35,000 after purchasing an additional 384 shares in the last quarter. Parallel Advisors LLC grew its position in iShares Global Energy ETF by 93.3% during the first quarter. Parallel Advisors LLC now owns 891 shares of the company’s stock valued at $37,000 after purchasing an additional 430 shares in the last quarter. IMG Wealth Management Inc. purchased a new position in iShares Global Energy ETF during the fourth quarter valued at approximately $40,000. Finally, Capital A Wealth Management LLC purchased a new position in iShares Global Energy ETF during the fourth quarter valued at approximately $40,000.

iShares Global Energy ETF Stock Up 1.5%

NYSEARCA IXC opened at $40.15 on Thursday. The stock has a market capitalization of $1.77 billion, a PE ratio of 13.85 and a beta of 1.13. The company has a 50 day moving average price of $38.77 and a two-hundred day moving average price of $39.06. iShares Global Energy ETF has a 12-month low of $33.89 and a 12-month high of $43.29.

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.