Horst & Graben Wealth Management LLC Sells 6,311 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Horst & Graben Wealth Management LLC lowered its holdings in iShares Global Energy ETF (NYSEARCA:IXC) by 35.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,446 shares of the company’s stock after selling 6,311 shares during the period. Horst & Graben Wealth Management LLC’s holdings in iShares Global Energy ETF were worth $463,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Adapt Wealth Advisors LLC acquired a new stake in shares of iShares Global Energy ETF in the first quarter valued at approximately $2,942,000. EverSource Wealth Advisors LLC grew its holdings in shares of iShares Global Energy ETF by 27.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,752 shares of the company’s stock worth $119,000 after purchasing an additional 591 shares in the last quarter. Pettinga Financial Advisors LLC grew its holdings in shares of iShares Global Energy ETF by 10.4% during the 1st quarter. Pettinga Financial Advisors LLC now owns 110,113 shares of the company’s stock worth $4,729,000 after purchasing an additional 10,388 shares in the last quarter. Advocacy Wealth Management Services LLC increased its position in shares of iShares Global Energy ETF by 32.1% in the first quarter. Advocacy Wealth Management Services LLC now owns 295,021 shares of the company’s stock worth $12,671,000 after purchasing an additional 71,632 shares during the period. Finally, Brookstone Capital Management acquired a new position in iShares Global Energy ETF in the first quarter valued at about $1,439,000.

iShares Global Energy ETF Stock Down 0.2 %

Shares of iShares Global Energy ETF stock opened at $41.33 on Tuesday. iShares Global Energy ETF has a 12-month low of $37.02 and a 12-month high of $45.22. The company has a market capitalization of $3.40 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52. The firm’s 50-day moving average price is $41.14 and its two-hundred day moving average price is $41.87.

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.