iShares Global Utilities ETF (NYSEARCA:JXI – Get Free Report) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 3,212 shares, a decrease of 86.2% from the June 30th total of 23,249 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 28,500 shares, the days-to-cover ratio is currently 0.1 days.
iShares Global Utilities ETF Trading Down 0.7%
Shares of NYSEARCA:JXI traded down $0.59 during mid-day trading on Monday, reaching $85.74. The stock had a trading volume of 14,440 shares, compared to its average volume of 31,138. The firm has a market cap of $321.52 million, a PE ratio of 16.92 and a beta of 0.60. The firm has a 50 day simple moving average of $84.55 and a two-hundred day simple moving average of $84.86. iShares Global Utilities ETF has a twelve month low of $73.65 and a twelve month high of $90.09.
Institutional Investors Weigh In On iShares Global Utilities ETF
Several hedge funds have recently bought and sold shares of JXI. Blair William & Co. IL bought a new position in shares of iShares Global Utilities ETF during the fourth quarter worth $30,000. Western Wealth Management LLC acquired a new stake in iShares Global Utilities ETF during the 1st quarter worth $50,000. Sava Infond d.o.o. acquired a new stake in iShares Global Utilities ETF during the 4th quarter worth $63,000. Flagship Harbor Advisors LLC bought a new position in iShares Global Utilities ETF during the fourth quarter worth about $67,000. Finally, Fifth Third Bancorp lifted its holdings in iShares Global Utilities ETF by 248.4% during the first quarter. Fifth Third Bancorp now owns 979 shares of the exchange traded fund’s stock worth $85,000 after acquiring an additional 698 shares in the last quarter.
iShares Global Utilities ETF Company Profile
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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