MFA Wealth Advisors LLC Reduces Stock Position in iShares Global Energy ETF (NYSEARCA:IXC)

MFA Wealth Advisors LLC decreased its holdings in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 0.3% during the third quarter, HoldingsChannel reports. The fund owned 235,338 shares of the company’s stock after selling 791 shares during the quarter. iShares Global Energy ETF comprises about 2.1% of MFA Wealth Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. MFA Wealth Advisors LLC’s holdings in iShares Global Energy ETF were worth $9,526,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Zions Bancorporation N.A. purchased a new position in iShares Global Energy ETF during the second quarter valued at approximately $33,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Global Energy ETF during the 2nd quarter valued at $37,000. New Republic Capital LLC increased its holdings in shares of iShares Global Energy ETF by 30.9% in the first quarter. New Republic Capital LLC now owns 1,340 shares of the company’s stock worth $58,000 after purchasing an additional 316 shares during the period. Edmond DE Rothschild Holding S.A. raised its position in shares of iShares Global Energy ETF by 33.9% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 1,540 shares of the company’s stock worth $66,000 after buying an additional 390 shares in the last quarter. Finally, New Millennium Group LLC bought a new stake in iShares Global Energy ETF during the second quarter valued at $68,000.

iShares Global Energy ETF Stock Down 0.7 %

Shares of NYSEARCA IXC opened at $41.12 on Thursday. The stock’s 50-day simple moving average is $41.15 and its two-hundred day simple moving average is $41.85. iShares Global Energy ETF has a twelve month low of $37.02 and a twelve month high of $45.22. The firm has a market capitalization of $3.38 billion, a P/E ratio of 7.86 and a beta of 0.52.

iShares Global Energy ETF 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.