First Horizon Advisors Inc. Sells 2,439 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

First Horizon Advisors Inc. lessened its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 66.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,252 shares of the company’s stock after selling 2,439 shares during the period. First Horizon Advisors Inc.’s holdings in iShares Global Energy ETF were worth $48,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of IXC. Atomi Financial Group Inc. purchased a new position in iShares Global Energy ETF in the 4th quarter worth approximately $234,000. Fifth Third Bancorp grew its stake in iShares Global Energy ETF by 75.5% in the 4th quarter. Fifth Third Bancorp now owns 2,991 shares of the company’s stock worth $114,000 after buying an additional 1,287 shares in the last quarter. Kestra Investment Management LLC grew its stake in iShares Global Energy ETF by 28.6% in the 3rd quarter. Kestra Investment Management LLC now owns 65,086 shares of the company’s stock worth $2,635,000 after buying an additional 14,473 shares in the last quarter. Benjamin Edwards Inc. purchased a new position in iShares Global Energy ETF in the 3rd quarter worth approximately $312,000. Finally, Ascent Group LLC purchased a new position in iShares Global Energy ETF in the 3rd quarter worth approximately $210,000.

iShares Global Energy ETF Price Performance

IXC stock opened at $39.73 on Friday. iShares Global Energy ETF has a one year low of $36.79 and a one year high of $45.22. The stock has a market cap of $2.02 billion, a PE ratio of 13.45 and a beta of 1.01. The firm has a 50 day simple moving average of $39.59 and a two-hundred day simple moving average of $40.60.

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.