Van Cleef Asset Management Inc Sells 310 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Van Cleef Asset Management Inc decreased its position in iShares Global Energy ETF (NYSEARCA:IXC) by 0.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 299,943 shares of the company’s stock after selling 310 shares during the period. iShares Global Energy ETF makes up about 1.6% of Van Cleef Asset Management Inc’s investment portfolio, making the stock its 17th biggest holding. Van Cleef Asset Management Inc’s holdings in iShares Global Energy ETF were worth $12,451,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of IXC. ICA Group Wealth Management LLC acquired a new position in shares of iShares Global Energy ETF in the fourth quarter valued at $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares Global Energy ETF in the 2nd quarter valued at $37,000. New Republic Capital LLC acquired a new position in shares of iShares Global Energy ETF in the 4th quarter valued at $40,000. Edmond DE Rothschild Holding S.A. acquired a new position in shares of iShares Global Energy ETF in the 4th quarter valued at $45,000. Finally, FinTrust Capital Advisors LLC bought a new position in shares of iShares Global Energy ETF during the 4th quarter worth about $52,000.

iShares Global Energy ETF Stock Performance

Shares of iShares Global Energy ETF stock opened at $39.07 on Wednesday. The firm has a market cap of $3.21 billion, a P/E ratio of 7.86 and a beta of 0.52. The firm’s 50-day simple moving average is $41.27 and its 200-day simple moving average is $41.95. iShares Global Energy ETF has a twelve month low of $37.02 and a twelve 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.