Bank of Montreal Can Lowers Stock Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

Bank of Montreal Can trimmed its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 42.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 157,750 shares of the company’s stock after selling 114,626 shares during the quarter. Bank of Montreal Can’s holdings in iShares Global Energy ETF were worth $6,362,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of IXC. First Horizon Advisors Inc. increased its holdings in iShares Global Energy ETF by 8.1% in the third quarter. First Horizon Advisors Inc. now owns 3,691 shares of the company’s stock valued at $149,000 after buying an additional 275 shares in the last quarter. Citizens Financial Group Inc. RI boosted its stake in shares of iShares Global Energy ETF by 2.3% during the third quarter. Citizens Financial Group Inc. RI now owns 12,456 shares of the company’s stock valued at $504,000 after acquiring an additional 276 shares during the last quarter. Walkner Condon Financial Advisors LLC raised its stake in iShares Global Energy ETF by 2.8% in the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 11,941 shares of the company’s stock valued at $495,000 after purchasing an additional 326 shares during the last quarter. J.W. Cole Advisors Inc. grew its holdings in shares of iShares Global Energy ETF by 6.1% during the second quarter. J.W. Cole Advisors Inc. now owns 6,375 shares of the company’s stock worth $265,000 after buying an additional 368 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in iShares Global Energy ETF by 2.5% in the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 19,265 shares of the company’s stock valued at $780,000 after purchasing an additional 476 shares during the last quarter.

iShares Global Energy ETF Stock Performance

IXC opened at $41.80 on Tuesday. The company’s 50 day simple moving average is $41.63 and its 200 day simple moving average is $41.44. iShares Global Energy ETF has a 1 year low of $37.02 and a 1 year high of $45.22. The stock has a market capitalization of $3.44 billion, a PE ratio of 7.86 and a beta of 0.52.

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.