Creative Planning Cuts Stake in iShares Global Energy ETF $IXC

Creative Planning decreased its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 5.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,611 shares of the company’s stock after selling 2,773 shares during the period. Creative Planning owned approximately 0.11% of iShares Global Energy ETF worth $1,831,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of IXC. SouthState Corp acquired a new position in iShares Global Energy ETF during the 1st quarter worth approximately $49,000. Sound Income Strategies LLC lifted its position in shares of iShares Global Energy ETF by 2,153.8% during the second quarter. Sound Income Strategies LLC now owns 1,758 shares of the company’s stock worth $69,000 after purchasing an additional 1,680 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of iShares Global Energy ETF by 48.8% in the first quarter. PNC Financial Services Group Inc. now owns 1,916 shares of the company’s stock valued at $81,000 after purchasing an additional 628 shares during the period. Avalon Trust Co acquired a new stake in iShares Global Energy ETF during the 1st quarter valued at $108,000. Finally, AE Wealth Management LLC increased its stake in iShares Global Energy ETF by 32.9% during the 2nd quarter. AE Wealth Management LLC now owns 2,761 shares of the company’s stock worth $108,000 after buying an additional 684 shares during the period.

iShares Global Energy ETF Price Performance

Shares of IXC stock opened at $42.50 on Thursday. The company’s fifty day moving average price is $41.86 and its two-hundred day moving average price is $40.63. The firm has a market capitalization of $1.91 billion, a P/E ratio of 13.85 and a beta of 0.69. iShares Global Energy ETF has a 12 month low of $33.89 and a 12 month high of $43.62.

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.