Shares of iShares Global Utilities ETF (NYSEARCA:JXI – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $84.82 and traded as high as $86.88. iShares Global Utilities ETF shares last traded at $86.33, with a volume of 21,202 shares traded.
iShares Global Utilities ETF Stock Up 0.2%
The firm has a market capitalization of $328.05 million, a price-to-earnings ratio of 16.92 and a beta of 0.60. The stock has a 50 day moving average of $84.55 and a 200 day moving average of $84.82.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the company. LPL Financial LLC increased its holdings in shares of iShares Global Utilities ETF by 181.4% in the 4th quarter. LPL Financial LLC now owns 120,786 shares of the exchange traded fund’s stock valued at $9,500,000 after acquiring an additional 77,865 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Global Utilities ETF by 480,591.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 57,683 shares of the exchange traded fund’s stock worth $4,537,000 after purchasing an additional 57,671 shares during the last quarter. Guardian Partners Inc. bought a new position in iShares Global Utilities ETF during the fourth quarter worth $4,098,000. Susquehanna International Group LLP boosted its holdings in iShares Global Utilities ETF by 246.3% in the third quarter. Susquehanna International Group LLP now owns 52,723 shares of the exchange traded fund’s stock worth $4,094,000 after purchasing an additional 37,499 shares during the period. Finally, Kestra Advisory Services LLC boosted its holdings in iShares Global Utilities ETF by 191.2% in the first quarter. Kestra Advisory Services LLC now owns 51,605 shares of the exchange traded fund’s stock worth $4,456,000 after purchasing an additional 33,882 shares during the period.
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. The Fund invests in sectors, such as retailing, media, automobile and components, consumer services, consumer durable and apparel, S-T securities and other.
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