Black Swift Group LLC Lowers Stake in iShares Global Energy ETF (NYSEARCA:IXC)

Black Swift Group LLC lessened its holdings in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 21.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,295 shares of the company’s stock after selling 8,765 shares during the period. Black Swift Group LLC’s holdings in iShares Global Energy ETF were worth $1,195,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IXC. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Global Energy ETF in the 4th quarter valued at $28,000. Erste Asset Management GmbH acquired a new stake in iShares Global Energy ETF during the 3rd quarter worth about $32,000. Kohmann Bosshard Financial Services LLC acquired a new stake in iShares Global Energy ETF during the 4th quarter worth about $31,000. Winch Advisory Services LLC grew its position in iShares Global Energy ETF by 776.9% during the 4th quarter. Winch Advisory Services LLC now owns 1,482 shares of the company’s stock worth $57,000 after purchasing an additional 1,313 shares during the period. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in shares of iShares Global Energy ETF during the 4th quarter valued at about $61,000.

iShares Global Energy ETF Stock Down 0.5 %

NYSEARCA:IXC opened at $38.48 on Thursday. 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 $1.96 billion, a PE ratio of 13.45 and a beta of 1.01. The stock’s 50-day moving average price is $39.72 and its 200-day moving average price is $40.53.

About iShares Global Energy ETF

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.