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

Van Cleef Asset Management Inc lessened its holdings in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 1.0% in the 4th quarter, HoldingsChannel reports. The firm owned 292,257 shares of the company’s stock after selling 2,895 shares during the quarter. iShares Global Energy ETF makes up approximately 1.2% of Van Cleef Asset Management Inc’s holdings, making the stock its 18th largest holding. Van Cleef Asset Management Inc’s holdings in iShares Global Energy ETF were worth $11,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. purchased a new stake in iShares Global Energy ETF in the 4th quarter worth approximately $28,000. Erste Asset Management GmbH purchased a new stake in iShares Global Energy ETF during the third quarter worth $32,000. Winch Advisory Services LLC boosted its holdings in iShares Global Energy ETF by 776.9% during the fourth quarter. Winch Advisory Services LLC now owns 1,482 shares of the company’s stock worth $57,000 after buying an additional 1,313 shares in the last quarter. Comprehensive Financial Planning Inc. PA acquired a new stake in iShares Global Energy ETF during the fourth quarter valued at $61,000. Finally, Midwest Capital Advisors LLC purchased a new position in iShares Global Energy ETF in the fourth quarter valued at $69,000.

iShares Global Energy ETF Stock Down 0.1 %

IXC stock opened at $39.73 on Friday. iShares Global Energy ETF has a 52-week low of $36.79 and a 52-week high of $45.22. The firm has a market cap of $2.02 billion, a P/E ratio of 13.45 and a beta of 1.01. The company’s 50-day simple moving average is $39.59 and its 200-day simple moving average is $40.60.

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.