iShares Global Energy ETF (NYSEARCA:IXC) Shares Sold by Money Design Co. Ltd.

Money Design Co. Ltd. cut its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 9.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 275,503 shares of the company’s stock after selling 27,963 shares during the quarter. Money Design Co. Ltd. owned approximately 0.34% of iShares Global Energy ETF worth $10,384,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Erste Asset Management GmbH acquired a new stake in shares of iShares Global Energy ETF in the 3rd quarter valued at $32,000. Bristlecone Advisors LLC acquired a new stake in iShares Global Energy ETF in the third quarter valued at $57,000. Winch Advisory Services LLC lifted its holdings 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 buying an additional 1,313 shares during the last quarter. Sunbelt Securities Inc. boosted its position in shares of iShares Global Energy ETF by 629.4% during the 2nd quarter. Sunbelt Securities Inc. now owns 2,254 shares of the company’s stock worth $94,000 after acquiring an additional 1,945 shares in the last quarter. Finally, Fifth Third Bancorp raised its position in shares of iShares Global Energy ETF by 75.5% during the 4th quarter. Fifth Third Bancorp now owns 2,991 shares of the company’s stock worth $114,000 after acquiring an additional 1,287 shares in the last quarter.

iShares Global Energy ETF Stock Down 0.9 %

Shares of IXC opened at $39.62 on Wednesday. The company has a market capitalization of $3.26 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a 52-week low of $36.79 and a 52-week high of $45.22. The stock has a 50 day moving average price of $40.02 and a 200 day moving average price of $40.80.

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.