iShares Global Energy ETF (NYSEARCA:IXC) Shares Sold by Van Cleef Asset Management Inc

Van Cleef Asset Management Inc cut its position in iShares Global Energy ETF (NYSEARCA:IXC) by 0.7% in the fourth quarter, Holdings Channel reports. The firm owned 304,122 shares of the company’s stock after selling 2,057 shares during the period. iShares Global Energy ETF accounts for approximately 1.7% of Van Cleef Asset Management Inc’s holdings, making the stock its 17th biggest position. Van Cleef Asset Management Inc’s holdings in iShares Global Energy ETF were worth $11,894,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. SYM FINANCIAL Corp acquired a new stake in shares of iShares Global Energy ETF in the 3rd quarter valued at about $26,000. Bourgeon Capital Management LLC acquired a new stake in iShares Global Energy ETF during the 3rd quarter worth approximately $40,000. Northwest Capital Management Inc acquired a new stake in iShares Global Energy ETF during the 4th quarter worth approximately $46,000. Sound Income Strategies LLC acquired a new stake in iShares Global Energy ETF during the 4th quarter worth approximately $54,000. Finally, New Millennium Group LLC lifted its position in iShares Global Energy ETF by 54.2% during the 4th quarter. New Millennium Group LLC now owns 1,712 shares of the company’s stock worth $67,000 after acquiring an additional 602 shares during the period.

iShares Global Energy ETF Stock Performance

iShares Global Energy ETF stock traded up $0.23 during mid-day trading on Thursday, reaching $44.35. 389,145 shares of the company were exchanged, compared to its average volume of 741,398. iShares Global Energy ETF has a twelve month low of $35.38 and a twelve month high of $45.22. The firm’s 50-day simple moving average is $41.90 and its two-hundred day simple moving average is $40.23. The firm has a market cap of $3.47 billion, a PE ratio of 8.03 and a beta of 0.52.

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.