Cullen Frost Bankers Inc. Decreases Stock Holdings in iShares Global Energy ETF $IXC

Cullen Frost Bankers Inc. reduced its position in iShares Global Energy ETF (NYSEARCA:IXC) by 3.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 112,344 shares of the company’s stock after selling 4,360 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares Global Energy ETF were worth $4,414,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Verger Capital Management LLC boosted its holdings in shares of iShares Global Energy ETF by 8.2% in the second quarter. Verger Capital Management LLC now owns 458,429 shares of the company’s stock worth $18,012,000 after acquiring an additional 34,857 shares during the period. Jane Street Group LLC lifted its stake in iShares Global Energy ETF by 16.3% during the first quarter. Jane Street Group LLC now owns 437,908 shares of the company’s stock worth $18,423,000 after purchasing an additional 61,294 shares during the last quarter. Versant Capital Management Inc lifted its stake in iShares Global Energy ETF by 1.8% during the second quarter. Versant Capital Management Inc now owns 356,343 shares of the company’s stock worth $14,001,000 after purchasing an additional 6,179 shares during the last quarter. Financial Advisory Corp lifted its stake in iShares Global Energy ETF by 1.7% during the second quarter. Financial Advisory Corp now owns 294,640 shares of the company’s stock worth $11,576,000 after purchasing an additional 4,973 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in iShares Global Energy ETF by 15.5% during the first quarter. Royal Bank of Canada now owns 292,673 shares of the company’s stock worth $12,313,000 after purchasing an additional 39,306 shares during the last quarter.

iShares Global Energy ETF Stock Up 1.6%

Shares of IXC stock opened at $41.33 on Thursday. The business has a 50-day moving average price of $41.27 and a two-hundred day moving average price of $39.66. iShares Global Energy ETF has a 12-month low of $33.89 and a 12-month high of $43.29. The firm has a market cap of $1.81 billion, a P/E ratio of 13.85 and a beta of 1.13.

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.