Van Cleef Asset Management Inc Lowers Stock Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

Van Cleef Asset Management Inc reduced its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 1.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 292,257 shares of the company’s stock after selling 2,895 shares during the period. iShares Global Energy ETF accounts for 1.2% of Van Cleef Asset Management Inc’s holdings, making the stock its 18th biggest holding. Van Cleef Asset Management Inc owned about 0.36% of iShares Global Energy ETF worth $11,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of IXC. International Assets Investment Management LLC grew its position in shares of iShares Global Energy ETF by 2,945.3% during the 3rd quarter. International Assets Investment Management LLC now owns 103,205 shares of the company’s stock worth $4,178,000 after buying an additional 99,816 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in iShares Global Energy ETF by 6.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 40,659 shares of the company’s stock worth $1,646,000 after acquiring an additional 2,303 shares in the last quarter. Gladstone Institutional Advisory LLC increased its position in iShares Global Energy ETF by 16.3% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 41,532 shares of the company’s stock valued at $1,681,000 after purchasing an additional 5,823 shares during the period. Cardinal Strategic Wealth Guidance increased its position in iShares Global Energy ETF by 4.8% during the 3rd quarter. Cardinal Strategic Wealth Guidance now owns 45,206 shares of the company’s stock valued at $1,830,000 after purchasing an additional 2,075 shares during the period. Finally, Assetmark Inc. raised its holdings in shares of iShares Global Energy ETF by 12.0% in the 3rd quarter. Assetmark Inc. now owns 6,562 shares of the company’s stock valued at $266,000 after purchasing an additional 703 shares in the last quarter.

iShares Global Energy ETF Stock Performance

Shares of IXC opened at $39.73 on Friday. The stock has a market capitalization of $2.02 billion, a PE ratio of 13.45 and a beta of 1.01. The company has a 50 day moving average price of $39.59 and a 200-day moving average price of $40.60. iShares Global Energy ETF has a fifty-two week low of $36.79 and a fifty-two week high of $45.22.

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.