iShares Global Utilities ETF (NYSEARCA:JXI) Share Price Pass Above 200-Day Moving Average of $62.53

iShares Global Utilities ETF (NYSEARCA:JXI) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $62.53 and traded as high as $70.77. iShares Global Utilities ETF shares last traded at $70.38, with a volume of 17,358 shares trading hands.

iShares Global Utilities ETF Stock Performance

The business’s fifty day simple moving average is $66.21 and its 200-day simple moving average is $62.57. The company has a market capitalization of $148.26 million, a P/E ratio of 22.67 and a beta of 0.51.

Institutional Trading of iShares Global Utilities ETF

Hedge funds have recently made changes to their positions in the business. GPS Wealth Strategies Group LLC bought a new stake in shares of iShares Global Utilities ETF in the 2nd quarter worth about $35,000. Creekmur Asset Management LLC purchased a new stake in shares of iShares Global Utilities ETF in the fourth quarter worth approximately $71,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of iShares Global Utilities ETF during the 2nd quarter worth approximately $138,000. Cowa LLC bought a new stake in shares of iShares Global Utilities ETF during the 2nd quarter worth approximately $239,000. Finally, Cetera Advisors LLC purchased a new position in iShares Global Utilities ETF during the 1st quarter valued at $291,000.

About iShares Global Utilities ETF

iShares Global Utilities ETF, formerly iShares S&P Global Utilities Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Utilities Sector Index (the Index). The Index is a subset of the S&P Global 1200 Index and measures the performance of companies that the Index provider deems to be part of the utilities sector of the economy.