JPMorgan Chase & Co. Decreases Holdings in iShares Global Energy ETF (NYSEARCA:IXC)

JPMorgan Chase & Co. cut its stake in iShares Global Energy ETF (NYSEARCA:IXC) by 16.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 987,690 shares of the company’s stock after selling 198,207 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.20% of iShares Global Energy ETF worth $39,982,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IXC. Foundations Investment Advisors LLC acquired a new position in shares of iShares Global Energy ETF during the third quarter valued at approximately $229,000. Kestra Investment Management LLC purchased a new position in shares of iShares Global Energy ETF in the second quarter worth about $2,101,000. Cubist Systematic Strategies LLC acquired a new position in shares of iShares Global Energy ETF during the 2nd quarter worth approximately $860,000. Black Diamond Financial LLC purchased a new stake in shares of iShares Global Energy ETF in the second quarter valued at approximately $746,000. Finally, Prudential PLC grew its position in shares of iShares Global Energy ETF by 10.3% in the second quarter. Prudential PLC now owns 61,200 shares of the company’s stock valued at $2,529,000 after purchasing an additional 5,700 shares in the last quarter.

iShares Global Energy ETF Stock Performance

NYSEARCA IXC opened at $38.92 on Monday. iShares Global Energy ETF has a fifty-two week low of $36.79 and a fifty-two week high of $45.22. The firm has a market capitalization of $3.20 billion, a P/E ratio of 7.86 and a beta of 0.52. The stock’s fifty day moving average is $40.41 and its two-hundred day moving average is $40.93.

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.