Cetera Investment Advisers Reduces Stock Holdings in iShares Global Energy ETF $IXC

Cetera Investment Advisers reduced its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 38.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 272,871 shares of the company’s stock after selling 171,043 shares during the period. Cetera Investment Advisers owned 0.56% of iShares Global Energy ETF worth $15,720,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of IXC. Alpha Financial Partners LLC purchased a new position in shares of iShares Global Energy ETF during the 1st quarter worth $2,156,000. PNC Financial Services Group Inc. raised its stake in shares of iShares Global Energy ETF by 54.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 696 shares of the company’s stock valued at $40,000 after acquiring an additional 245 shares during the period. Cura Wealth Advisors LLC acquired a new position in shares of iShares Global Energy ETF in the 1st quarter worth approximately $248,000. Scarborough Advisors LLC acquired a new position in shares of iShares Global Energy ETF in the 1st quarter worth approximately $40,000. Finally, Parallel Advisors LLC boosted its position in shares of iShares Global Energy ETF by 51.9% during the 1st quarter. Parallel Advisors LLC now owns 629 shares of the company’s stock worth $36,000 after purchasing an additional 215 shares during the period.

iShares Global Energy ETF Stock Performance

iShares Global Energy ETF stock opened at $53.57 on Wednesday. iShares Global Energy ETF has a fifty-two week low of $39.45 and a fifty-two week high of $59.18. The firm has a 50 day moving average price of $52.67 and a 200 day moving average price of $52.20. The company has a market capitalization of $2.68 billion, a PE ratio of 13.85 and a beta of 0.35.

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. Component companies include oil equipment and services, oil exploration and production, and oil refinery, oil storage and transportation, and coal and uranium mining companies.