OVERSEA CHINESE BANKING Corp Ltd Has $5.33 Million Stock Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

OVERSEA CHINESE BANKING Corp Ltd lowered its position in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 59.4% in the third quarter, HoldingsChannel reports. The fund owned 131,613 shares of the company’s stock after selling 192,210 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares Global Energy ETF were worth $5,328,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. The Manufacturers Life Insurance Company raised its position in shares of iShares Global Energy ETF by 14,234.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 778,499 shares of the company’s stock valued at $32,315,000 after acquiring an additional 773,068 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in iShares Global Energy ETF in the second quarter valued at about $22,940,000. Cetera Investment Advisers grew its position in shares of iShares Global Energy ETF by 173.6% during the 1st quarter. Cetera Investment Advisers now owns 586,992 shares of the company’s stock worth $25,211,000 after buying an additional 372,411 shares during the period. Jane Street Group LLC boosted its stake in iShares Global Energy ETF by 256.9% during the 1st quarter. Jane Street Group LLC now owns 343,391 shares of the company’s stock worth $14,749,000 after acquiring an additional 247,163 shares during the last quarter. Finally, OLD Mission Capital LLC acquired a new position in iShares Global Energy ETF during the first quarter valued at approximately $8,683,000.

iShares Global Energy ETF Stock Performance

IXC opened at $41.99 on Tuesday. The firm’s fifty day moving average is $40.98 and its two-hundred day moving average is $41.58. The firm has a market cap of $3.45 billion, a PE ratio of 7.86 and a beta of 0.52. 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.