Pinnacle Bank reduced its stake in shares of iShares Global Energy ETF (NYSEARCA:IXC) by 49.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,117 shares of the company’s stock after selling 1,073 shares during the quarter. Pinnacle Bank’s holdings in iShares Global Energy ETF were worth $36,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Nalls Sherbakoff Group LLC acquired a new position in iShares Global Energy ETF during the fourth quarter worth $36,000. Ellis Investment Partners LLC acquired a new position in iShares Global Energy ETF during the first quarter worth $37,000. Icon Wealth Partners LLC acquired a new position in iShares Global Energy ETF during the first quarter worth $40,000. FMR LLC raised its stake in iShares Global Energy ETF by 48.7% during the first quarter. FMR LLC now owns 1,215 shares of the company’s stock worth $40,000 after acquiring an additional 398 shares in the last quarter. Finally, Deutsche Bank AG acquired a new position in iShares Global Energy ETF during the fourth quarter worth $46,000.

iShares Global Energy ETF stock traded up $0.10 during mid-day trading on Tuesday, hitting $32.04. 74,100 shares of the company were exchanged, compared to its average volume of 322,137. The business has a fifty day moving average of $32.13. iShares Global Energy ETF has a 1-year low of $27.69 and a 1-year high of $38.60.

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.

Featured Story: Conference Calls and Individual Investors

Want to see what other hedge funds are holding IXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global Energy ETF (NYSEARCA:IXC).

Institutional Ownership by Quarter for iShares Global Energy ETF (NYSEARCA:IXC)

Receive News & Ratings for iShares Global Energy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global Energy ETF and related companies with MarketBeat.com's FREE daily email newsletter.