iShares Global Energy ETF (NYSEARCA:IXC) Shares Sold by Bank of America Corp DE

Bank of America Corp DE lowered its holdings in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 5.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,508,917 shares of the company’s stock after selling 93,913 shares during the quarter. Bank of America Corp DE’s holdings in iShares Global Energy ETF were worth $57,610,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. BTG Pactual Asset Management US LLC acquired a new position in shares of iShares Global Energy ETF during the fourth quarter valued at approximately $25,000. Newbridge Financial Services Group Inc. acquired a new stake in iShares Global Energy ETF during the fourth quarter worth about $28,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares Global Energy ETF during the 4th quarter worth approximately $31,000. GeoWealth Management LLC boosted its stake in iShares Global Energy ETF by 72.2% during the fourth quarter. GeoWealth Management LLC now owns 916 shares of the company’s stock worth $35,000 after buying an additional 384 shares during the period. Finally, IMG Wealth Management Inc. purchased a new position in shares of iShares Global Energy ETF during the fourth quarter worth $40,000.

iShares Global Energy ETF Trading Up 1.4%

NYSEARCA:IXC opened at $39.19 on Wednesday. The stock has a fifty day moving average price of $38.58 and a 200 day moving average price of $39.63. The firm has a market cap of $1.99 billion, a PE ratio of 13.55 and a beta of 0.71. iShares Global Energy ETF has a 12-month low of $33.89 and a 12-month high of $43.94.

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.