GenTrust LLC Has $5.28 Million Position in iShares Global Energy ETF $IXC

GenTrust LLC decreased its holdings in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 16.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 134,381 shares of the company’s stock after selling 26,666 shares during the quarter. GenTrust LLC owned approximately 0.30% of iShares Global Energy ETF worth $5,280,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IXC. Money Design Co. Ltd. boosted its holdings in shares of iShares Global Energy ETF by 18.9% during the second quarter. Money Design Co. Ltd. now owns 306,833 shares of the company’s stock worth $12,055,000 after acquiring an additional 48,834 shares during the period. Clune & Associates LTD. increased its stake in iShares Global Energy ETF by 30.8% during the 2nd quarter. Clune & Associates LTD. now owns 51,207 shares of the company’s stock worth $2,012,000 after acquiring an additional 12,057 shares during the period. Townsend & Associates Inc acquired a new position in iShares Global Energy ETF in the 2nd quarter valued at $201,000. Ifrah Financial Services Inc. lifted its position in shares of iShares Global Energy ETF by 92.7% during the 2nd quarter. Ifrah Financial Services Inc. now owns 13,449 shares of the company’s stock valued at $528,000 after acquiring an additional 6,471 shares during the period. Finally, J.Safra Asset Management Corp bought a new position in shares of iShares Global Energy ETF in the second quarter worth $151,000.

iShares Global Energy ETF Stock Up 1.5%

IXC opened at $41.94 on Friday. The stock has a market capitalization of $1.84 billion, a price-to-earnings ratio of 13.85 and a beta of 1.13. iShares Global Energy ETF has a twelve month low of $33.89 and a twelve month high of $43.29. The company has a 50-day simple moving average of $41.31 and a 200 day simple moving average of $39.70.

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.