Edge Capital Group LLC Sells 1,398 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Edge Capital Group LLC trimmed its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 2.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,116 shares of the company’s stock after selling 1,398 shares during the quarter. Edge Capital Group LLC owned approximately 0.06% of iShares Global Energy ETF worth $1,997,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ICA Group Wealth Management LLC bought a new position in iShares Global Energy ETF during the fourth quarter valued at $25,000. Zions Bancorporation N.A. bought a new position in shares of iShares Global Energy ETF during the 2nd quarter worth $33,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares Global Energy ETF in the 2nd quarter worth about $37,000. New Republic Capital LLC bought a new stake in iShares Global Energy ETF in the 4th quarter valued at about $40,000. Finally, Edmond DE Rothschild Holding S.A. purchased a new stake in iShares Global Energy ETF during the fourth quarter valued at about $45,000.

iShares Global Energy ETF Stock Down 0.2 %

IXC opened at $40.69 on Friday. The firm has a 50-day moving average price of $41.02 and a 200-day moving average price of $41.95. iShares Global Energy ETF has a twelve month low of $37.02 and a twelve month high of $45.22. The company has a market capitalization of $3.34 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52.

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.