Choreo LLC Trims Stake in iShares Global Energy ETF $IXC

Choreo LLC lowered its position in iShares Global Energy ETF (NYSEARCA:IXC) by 55.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,006 shares of the company’s stock after selling 12,545 shares during the period. Choreo LLC’s holdings in iShares Global Energy ETF were worth $393,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. SouthState Corp bought a new position in iShares Global Energy ETF in the first quarter worth $49,000. Sound Income Strategies LLC boosted its stake in 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 acquiring an additional 1,680 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in 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 worth $81,000 after purchasing an additional 628 shares during the period. AE Wealth Management LLC increased its stake in shares of iShares Global Energy ETF by 32.9% during the second quarter. AE Wealth Management LLC now owns 2,761 shares of the company’s stock valued at $108,000 after purchasing an additional 684 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of iShares Global Energy ETF by 92.6% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,004 shares of the company’s stock valued at $118,000 after purchasing an additional 1,444 shares in the last quarter.

iShares Global Energy ETF Stock Performance

IXC stock opened at $43.51 on Thursday. The firm has a market capitalization of $1.95 billion, a price-to-earnings ratio of 13.85 and a beta of 0.69. The firm has a 50 day moving average price of $41.99 and a 200-day moving average price of $40.77. iShares Global Energy ETF has a 52-week low of $33.89 and a 52-week high of $43.62.

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.