iShares Global Energy ETF (NYSEARCA:IXC) Shares Sold by Bank of Montreal Can

Bank of Montreal Can reduced its position in iShares Global Energy ETF (NYSEARCA:IXC) by 21.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,280 shares of the company’s stock after selling 33,470 shares during the period. Bank of Montreal Can owned approximately 0.15% of iShares Global Energy ETF worth $4,745,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of IXC. Newbridge Financial Services Group Inc. purchased a new stake in iShares Global Energy ETF during the fourth quarter worth approximately $28,000. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares Global Energy ETF during the 4th quarter worth $31,000. IMG Wealth Management Inc. acquired a new stake in iShares Global Energy ETF in the 4th quarter valued at $40,000. Winch Advisory Services LLC raised its position in iShares Global Energy ETF by 776.9% in the fourth quarter. Winch Advisory Services LLC now owns 1,482 shares of the company’s stock valued at $57,000 after purchasing an additional 1,313 shares during the period. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in shares of iShares Global Energy ETF during the fourth quarter worth about $61,000.

iShares Global Energy ETF Stock Performance

IXC stock opened at $36.22 on Tuesday. The firm has a market cap of $1.84 billion, a P/E ratio of 14.91 and a beta of 0.74. iShares Global Energy ETF has a 1 year low of $33.89 and a 1 year high of $44.46. The stock has a 50-day simple moving average of $39.58 and a 200-day simple moving average of $40.24.

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.