Bank of New York Mellon Corp Trims Stock Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

Bank of New York Mellon Corp lessened its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 97.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,116 shares of the company’s stock after selling 332,679 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares Global Energy ETF were worth $295,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. ICA Group Wealth Management LLC purchased a new stake in shares of iShares Global Energy ETF during the fourth quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Global Energy ETF during the 2nd quarter worth $37,000. New Republic Capital LLC acquired a new stake in shares of iShares Global Energy ETF during the fourth quarter worth $40,000. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of iShares Global Energy ETF in the fourth quarter valued at $45,000. Finally, FinTrust Capital Advisors LLC acquired a new position in iShares Global Energy ETF in the fourth quarter valued at $52,000.

iShares Global Energy ETF Trading Down 1.8 %

Shares of NYSEARCA:IXC opened at $40.47 on Thursday. The firm has a market cap of $3.33 billion, a price-to-earnings ratio of 7.86 and a beta of 0.52. The stock’s 50-day moving average price is $40.99 and its two-hundred day moving average price is $41.98. iShares Global Energy ETF has a 12-month low of $37.02 and a 12-month high of $45.22.

iShares Global Energy ETF Company 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.