OVERSEA CHINESE BANKING Corp Ltd Sells 7,977 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

OVERSEA CHINESE BANKING Corp Ltd cut its holdings in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 6.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 123,636 shares of the company’s stock after selling 7,977 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares Global Energy ETF were worth $4,720,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Horizon Advisors Inc. increased its holdings in shares of iShares Global Energy ETF by 8.1% in the third quarter. First Horizon Advisors Inc. now owns 3,691 shares of the company’s stock worth $149,000 after purchasing an additional 275 shares during the last quarter. Citizens Financial Group Inc. RI increased its holdings in shares of iShares Global Energy ETF by 2.3% in the third quarter. Citizens Financial Group Inc. RI now owns 12,456 shares of the company’s stock worth $504,000 after purchasing an additional 276 shares during the last quarter. Cullen Frost Bankers Inc. increased its holdings in shares of iShares Global Energy ETF by 0.3% in the fourth quarter. Cullen Frost Bankers Inc. now owns 116,704 shares of the company’s stock worth $4,456,000 after purchasing an additional 348 shares during the last quarter. Sunbelt Securities Inc. increased its holdings in shares of iShares Global Energy ETF by 15.5% in the third quarter. Sunbelt Securities Inc. now owns 2,604 shares of the company’s stock worth $105,000 after purchasing an additional 350 shares during the last quarter. Finally, Assetmark Inc. increased its holdings in shares of iShares Global Energy ETF by 7.4% in the fourth quarter. Assetmark Inc. now owns 7,047 shares of the company’s stock worth $269,000 after purchasing an additional 485 shares during the last quarter.

iShares Global Energy ETF Trading Up 0.4 %

IXC opened at $40.93 on Wednesday. The firm has a market cap of $2.08 billion, a P/E ratio of 14.23 and a beta of 0.98. iShares Global Energy ETF has a 12 month low of $36.79 and a 12 month high of $45.22. The stock has a 50-day moving average of $39.94 and a 200 day moving average of $40.39.

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.