iShares Global Utilities ETF (NYSEARCA:JXI) Stock Pass Above 200-Day Moving Average – Here’s What Happened

iShares Global Utilities ETF (NYSEARCA:JXIGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $63.71 and traded as high as $71.41. iShares Global Utilities ETF shares last traded at $70.65, with a volume of 8,938 shares.

iShares Global Utilities ETF Price Performance

The stock has a 50-day moving average price of $68.08 and a 200 day moving average price of $63.71. The firm has a market cap of $148.37 million, a price-to-earnings ratio of 22.67 and a beta of 0.51.

Institutional Trading of iShares Global Utilities ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC increased its position in iShares Global Utilities ETF by 128.7% in the 1st quarter. Jane Street Group LLC now owns 69,307 shares of the exchange traded fund’s stock valued at $4,092,000 after acquiring an additional 39,005 shares during the period. Signature Estate & Investment Advisors LLC acquired a new position in iShares Global Utilities ETF in the 2nd quarter valued at about $1,363,000. Cetera Advisors LLC acquired a new position in iShares Global Utilities ETF in the 1st quarter valued at about $291,000. Cowa LLC acquired a new position in iShares Global Utilities ETF in the 2nd quarter valued at about $239,000. Finally, Creative Planning acquired a new position in iShares Global Utilities ETF in the 3rd quarter valued at about $212,000.

iShares Global Utilities ETF Company Profile

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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.

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