Cardinal Strategic Wealth Guidance Trims Stock Position in iShares Global Energy ETF $IXC

Cardinal Strategic Wealth Guidance lowered its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 77.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,045 shares of the company’s stock after selling 26,963 shares during the period. Cardinal Strategic Wealth Guidance’s holdings in iShares Global Energy ETF were worth $316,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Signaturefd LLC grew its stake in iShares Global Energy ETF by 5,970.0% in the 1st quarter. Signaturefd LLC now owns 607 shares of the company’s stock worth $26,000 after buying an additional 597 shares in the last quarter. Parallel Advisors LLC grew its stake in iShares Global Energy ETF by 93.3% in the 1st quarter. Parallel Advisors LLC now owns 891 shares of the company’s stock worth $37,000 after buying an additional 430 shares in the last quarter. Golden State Wealth Management LLC grew its stake in iShares Global Energy ETF by 99.4% in the 1st quarter. Golden State Wealth Management LLC now owns 1,079 shares of the company’s stock worth $46,000 after buying an additional 538 shares in the last quarter. SouthState Corp purchased a new position in iShares Global Energy ETF in the 1st quarter worth approximately $49,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in iShares Global Energy ETF by 75.3% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,560 shares of the company’s stock worth $66,000 after buying an additional 670 shares in the last quarter.

iShares Global Energy ETF Price Performance

IXC stock opened at $41.81 on Friday. iShares Global Energy ETF has a one year low of $33.89 and a one year high of $43.29. The stock has a market cap of $1.83 billion, a PE ratio of 13.85 and a beta of 1.13. The firm has a 50 day simple moving average of $41.01 and a two-hundred day simple moving average of $39.68.

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.