Baker Ellis Asset Management LLC Sells 18,000 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Baker Ellis Asset Management LLC decreased its position in iShares Global Energy ETF (NYSEARCA:IXC) by 47.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 20,325 shares of the company’s stock after selling 18,000 shares during the period. Baker Ellis Asset Management LLC’s holdings in iShares Global Energy ETF were worth $776,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Erste Asset Management GmbH bought a new stake in iShares Global Energy ETF in the third quarter valued at $32,000. Bristlecone Advisors LLC bought a new stake in iShares Global Energy ETF in the third quarter valued at $57,000. Winch Advisory Services LLC boosted its holdings in iShares Global Energy ETF by 776.9% in the fourth quarter. Winch Advisory Services LLC now owns 1,482 shares of the company’s stock valued at $57,000 after acquiring an additional 1,313 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings in iShares Global Energy ETF by 629.4% in the second quarter. Sunbelt Securities Inc. now owns 2,254 shares of the company’s stock valued at $94,000 after acquiring an additional 1,945 shares in the last quarter. Finally, Retirement Wealth Solutions LLC bought a new stake in iShares Global Energy ETF in the fourth quarter valued at $130,000.

iShares Global Energy ETF Stock Down 1.4 %

NYSEARCA:IXC opened at $40.44 on Thursday. The stock has a market cap of $3.32 billion, a P/E ratio of 7.86 and a beta of 0.52. The firm’s fifty day simple moving average is $40.16 and its 200 day simple moving average is $40.82. iShares Global Energy ETF has a twelve month low of $36.79 and a twelve month high of $45.22.

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.