Mid Atlantic Financial Management Inc. ADV Cuts Position in iShares Global Energy ETF (NYSEARCA:IXC)

Mid Atlantic Financial Management Inc. ADV decreased its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 54.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 14,330 shares of the company’s stock after selling 17,173 shares during the quarter. Mid Atlantic Financial Management Inc. ADV’s holdings in iShares Global Energy ETF were worth $381,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. FMR LLC raised its stake in shares of iShares Global Energy ETF by 48.7% during the first quarter. FMR LLC now owns 1,215 shares of the company’s stock valued at $40,000 after purchasing an additional 398 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of iShares Global Energy ETF by 10.2% during the first quarter. Commonwealth Equity Services LLC now owns 129,929 shares of the company’s stock valued at $3,202,000 after purchasing an additional 11,992 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of iShares Global Energy ETF by 9.6% during the first quarter. Envestnet Asset Management Inc. now owns 684,885 shares of the company’s stock valued at $16,882,000 after purchasing an additional 59,748 shares during the period. Alliancebernstein L.P. raised its stake in shares of iShares Global Energy ETF by 5.1% during the first quarter. Alliancebernstein L.P. now owns 1,036,810 shares of the company’s stock valued at $25,557,000 after purchasing an additional 50,760 shares during the period. Finally, Bank of Nova Scotia purchased a new stake in shares of iShares Global Energy ETF during the first quarter valued at approximately $6,418,000.

IXC stock opened at $25.07 on Friday. iShares Global Energy ETF has a twelve month low of $14.81 and a twelve month high of $27.88. The firm has a 50 day simple moving average of $24.75 and a 200-day simple moving average of $25.46.

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.

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Institutional Ownership by Quarter for iShares Global Energy ETF (NYSEARCA:IXC)

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