iShares Global Energy ETF (NYSEARCA:IXC) Shares Sold by Cardinal Strategic Wealth Guidance

Cardinal Strategic Wealth Guidance lowered its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,339 shares of the company’s stock after selling 867 shares during the quarter. iShares Global Energy ETF makes up about 0.5% of Cardinal Strategic Wealth Guidance’s investment portfolio, making the stock its 19th largest holding. Cardinal Strategic Wealth Guidance owned approximately 0.05% of iShares Global Energy ETF worth $1,693,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in IXC. Collier Financial bought a new position in iShares Global Energy ETF during the 4th quarter valued at $1,595,000. Sovran Advisors LLC acquired a new stake in shares of iShares Global Energy ETF in the 4th quarter valued at about $475,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of iShares Global Energy ETF during the fourth quarter worth about $61,000. MFA Wealth Advisors LLC grew its stake in iShares Global Energy ETF by 12.4% in the fourth quarter. MFA Wealth Advisors LLC now owns 264,551 shares of the company’s stock worth $10,101,000 after purchasing an additional 29,213 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. bought a new stake in iShares Global Energy ETF in the fourth quarter valued at about $28,000.

iShares Global Energy ETF Stock Up 1.7 %

Shares of NYSEARCA IXC opened at $40.26 on Tuesday. The stock’s 50 day moving average price is $39.52 and its two-hundred day moving average price is $40.66. iShares Global Energy ETF has a 52-week low of $36.79 and a 52-week high of $45.22. The stock has a market capitalization of $3.31 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.