Aviance Capital Management LLC reduced its position in shares of iShares S&P Global Energy Sector (NYSEARCA:IXC) by 16.1% in the 4th quarter, HoldingsChannel reports. The firm owned 55,623 shares of the company’s stock after selling 10,672 shares during the period. Aviance Capital Management LLC’s holdings in iShares S&P Global Energy Sector were worth $1,977,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Summit X LLC purchased a new position in iShares S&P Global Energy Sector during the fourth quarter worth about $473,000. James Investment Research Inc. purchased a new position in iShares S&P Global Energy Sector during the fourth quarter worth about $1,616,000. Creative Planning purchased a new position in iShares S&P Global Energy Sector during the fourth quarter worth about $1,317,000. Wrapmanager Inc. purchased a new position in iShares S&P Global Energy Sector during the fourth quarter worth about $1,090,000. Finally, Brookstone Capital Management purchased a new position in iShares S&P Global Energy Sector during the fourth quarter worth about $808,000.

iShares S&P Global Energy Sector (IXC) opened at $34.07 on Thursday. The stock has a market cap of $1,100.00 and a PE ratio of 8.71. iShares S&P Global Energy Sector has a 1-year low of $30.34 and a 1-year high of $38.40.

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iShares S&P Global Energy Sector 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.

Want to see what other hedge funds are holding IXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P Global Energy Sector (NYSEARCA:IXC).

Institutional Ownership by Quarter for iShares S&P Global Energy Sector (NYSEARCA:IXC)

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