Rathbones Group PLC Decreases Stake in iShares Global Energy ETF (NYSEARCA:IXC)

Rathbones Group PLC reduced its position in iShares Global Energy ETF (NYSEARCA:IXC) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,627 shares of the company’s stock after selling 442 shares during the period. Rathbones Group PLC’s holdings in iShares Global Energy ETF were worth $558,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Atomi Financial Group Inc. purchased a new stake in shares of iShares Global Energy ETF in the fourth quarter worth about $234,000. Sierra Summit Advisors LLC increased its stake 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 worth $2,427,000 after acquiring an additional 2,566 shares during the last quarter. Bank of New York Mellon Corp increased its stake 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 worth $345,000 after acquiring an additional 1,116 shares during the last quarter. JPMorgan Chase & Co. increased its stake in iShares Global Energy ETF by 44.3% during the fourth 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 last quarter. Finally, Fisher Asset Management LLC increased its stake in iShares Global Energy ETF by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 10,131,253 shares of the company’s stock worth $386,811,000 after acquiring an additional 298,815 shares during the last quarter.

iShares Global Energy ETF Price Performance

Shares of NYSEARCA IXC opened at $37.14 on Thursday. The business’s 50 day moving average is $39.81 and its two-hundred day moving average is $40.34. iShares Global Energy ETF has a 1-year low of $33.89 and a 1-year high of $45.22. The stock has a market capitalization of $1.89 billion, a P/E ratio of 14.91 and a beta of 0.74.

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.