Mount Yale Investment Advisors LLC Sells 11,456 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Mount Yale Investment Advisors LLC trimmed its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 56.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,016 shares of the company’s stock after selling 11,456 shares during the period. Mount Yale Investment Advisors LLC’s holdings in iShares Global Energy ETF were worth $374,000 at the end of the most recent reporting period.

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 4th quarter valued at about $25,000. Zions Bancorporation N.A. purchased a new position in shares of iShares Global Energy ETF during the second quarter valued at approximately $33,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Global Energy ETF during the second quarter valued at approximately $37,000. New Republic Capital LLC purchased a new stake in shares of iShares Global Energy ETF in the fourth quarter worth approximately $40,000. Finally, Edmond DE Rothschild Holding S.A. bought a new stake in shares of iShares Global Energy ETF during the 4th quarter worth approximately $45,000.

iShares Global Energy ETF Stock Up 0.2 %

IXC opened at $41.21 on Wednesday. The business has a fifty day moving average of $40.99 and a 200 day moving average of $41.98. iShares Global Energy ETF has a 52-week low of $37.02 and a 52-week high of $45.22. The stock has a market cap of $3.39 billion, a P/E ratio of 7.86 and a beta of 0.52.

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.