iShares Global Energy ETF (NYSEARCA:IXC) Stake Reduced by National Bank of Canada FI

National Bank of Canada FI trimmed its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 4.1% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 7,922 shares of the company’s stock after selling 335 shares during the quarter. National Bank of Canada FI’s holdings in iShares Global Energy ETF were worth $321,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of IXC. Stifel Financial Corp lifted its position in iShares Global Energy ETF by 1.5% in the 3rd quarter. Stifel Financial Corp now owns 170,682 shares of the company’s stock valued at $6,909,000 after purchasing an additional 2,488 shares during the last quarter. Quantinno Capital Management LP increased its stake in shares of iShares Global Energy ETF by 21.4% in the third quarter. Quantinno Capital Management LP now owns 8,397 shares of the company’s stock valued at $340,000 after purchasing an additional 1,479 shares during the period. IHT Wealth Management LLC raised its holdings in shares of iShares Global Energy ETF by 12.9% during the third quarter. IHT Wealth Management LLC now owns 16,135 shares of the company’s stock valued at $660,000 after buying an additional 1,849 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of iShares Global Energy ETF by 3.0% during the third quarter. HighTower Advisors LLC now owns 74,090 shares of the company’s stock worth $3,003,000 after buying an additional 2,172 shares during the period. Finally, Ascent Group LLC acquired a new position in shares of iShares Global Energy ETF during the third quarter worth approximately $210,000.

iShares Global Energy ETF Price Performance

IXC opened at $40.00 on Monday. The stock’s 50 day moving average price is $41.57 and its 200 day moving average price is $41.30. The stock has a market cap of $3.29 billion, a P/E ratio of 7.86 and a beta of 0.52. iShares Global Energy ETF has a 12 month low of $37.02 and a 12 month 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.