Cullen Frost Bankers Inc. Acquires 348 Shares of iShares Global Energy ETF (NYSEARCA:IXC)

Cullen Frost Bankers Inc. raised its holdings in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 0.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 116,704 shares of the company’s stock after acquiring an additional 348 shares during the quarter. Cullen Frost Bankers Inc. owned approximately 0.14% of iShares Global Energy ETF worth $4,456,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Horizon Advisors Inc. grew its holdings in iShares Global Energy ETF by 8.1% during the third quarter. First Horizon Advisors Inc. now owns 3,691 shares of the company’s stock valued at $149,000 after purchasing an additional 275 shares during the period. Citizens Financial Group Inc. RI lifted its position in shares of iShares Global Energy ETF by 2.3% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 12,456 shares of the company’s stock valued at $504,000 after buying an additional 276 shares in the last quarter. Sunbelt Securities Inc. grew its stake in shares of iShares Global Energy ETF by 15.5% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,604 shares of the company’s stock valued at $105,000 after acquiring an additional 350 shares during the period. Assetmark Inc. increased its holdings in iShares Global Energy ETF by 7.4% in the 4th quarter. Assetmark Inc. now owns 7,047 shares of the company’s stock worth $269,000 after acquiring an additional 485 shares in the last quarter. Finally, Atria Wealth Solutions Inc. lifted its holdings in iShares Global Energy ETF by 8.3% during the fourth quarter. Atria Wealth Solutions Inc. now owns 6,623 shares of the company’s stock valued at $253,000 after purchasing an additional 507 shares in the last quarter.

iShares Global Energy ETF Price Performance

IXC opened at $38.50 on Friday. The firm has a market cap of $1.96 billion, a P/E ratio of 13.45 and a beta of 1.01. iShares Global Energy ETF has a 1-year low of $36.79 and a 1-year high of $45.22. The company has a 50 day simple moving average of $39.74 and a two-hundred day simple moving average of $40.51.

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.