Envestnet Asset Management Inc. Reduces Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

Envestnet Asset Management Inc. trimmed its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 96.0% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,440 shares of the company’s stock after selling 919,598 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.08% of iShares Global Energy ETF worth $1,617,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of iShares Global Energy ETF by 44.3% during the fourth quarter. JPMorgan Chase & Co. now owns 1,425,674 shares of the company’s stock worth $54,432,000 after purchasing an additional 437,984 shares in the last quarter. Focus Partners Wealth grew its holdings in iShares Global Energy ETF by 210.3% in the 4th quarter. Focus Partners Wealth now owns 901,237 shares of the company’s stock valued at $34,409,000 after buying an additional 610,786 shares in the last quarter. Sagespring Wealth Partners LLC purchased a new stake in iShares Global Energy ETF in the 4th quarter valued at $33,534,000. Financial Advisory Corp grew its holdings in iShares Global Energy ETF by 2.4% in the 1st quarter. Financial Advisory Corp now owns 289,667 shares of the company’s stock valued at $12,186,000 after buying an additional 6,853 shares in the last quarter. Finally, MFA Wealth Advisors LLC grew its holdings in iShares Global Energy ETF by 6.0% in the 1st quarter. MFA Wealth Advisors LLC now owns 280,552 shares of the company’s stock valued at $11,803,000 after buying an additional 16,001 shares in the last quarter.

iShares Global Energy ETF Stock Down 1.4%

Shares of NYSEARCA:IXC opened at $40.43 on Thursday. The business has a fifty day moving average of $39.64 and a two-hundred day moving average of $39.34. The stock has a market cap of $1.78 billion, a P/E ratio of 13.85 and a beta of 1.13. iShares Global Energy ETF has a 52-week low of $33.89 and a 52-week high of $43.29.

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.