Waverly Advisors LLC Sells 12,056 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Waverly Advisors LLC lessened its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 17.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 55,779 shares of the company’s stock after selling 12,056 shares during the quarter. Waverly Advisors LLC owned approximately 0.07% of iShares Global Energy ETF worth $2,130,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Atomi Financial Group Inc. bought a new stake in shares of iShares Global Energy ETF in the 4th quarter valued at $234,000. Madison Investment Advisors LLC acquired a new position in iShares Global Energy ETF in the fourth quarter valued at $1,077,000. Sierra Summit Advisors LLC boosted its position in iShares Global Energy ETF by 4.2% during the fourth quarter. Sierra Summit Advisors LLC now owns 63,564 shares of the company’s stock valued at $2,427,000 after acquiring an additional 2,566 shares during the last quarter. Bank of New York Mellon Corp boosted its position in iShares Global Energy ETF by 14.1% during the fourth quarter. Bank of New York Mellon Corp now owns 9,033 shares of the company’s stock valued at $345,000 after acquiring an additional 1,116 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in iShares Global Energy ETF by 44.3% during the 4th quarter. JPMorgan Chase & Co. now owns 1,425,674 shares of the company’s stock worth $54,432,000 after acquiring an additional 437,984 shares during the period.

iShares Global Energy ETF Price Performance

Shares of NYSEARCA:IXC opened at $37.88 on Friday. The company has a market capitalization of $1.93 billion, a price-to-earnings ratio of 13.55 and a beta of 0.71. The business’s 50-day moving average is $38.45 and its 200-day moving average is $39.55. iShares Global Energy ETF has a 1 year low of $33.89 and a 1 year high of $43.50.

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.