Shares of iShares Global Utilities ETF (NYSEARCA:JXI – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $84.30 and traded as high as $85.32. iShares Global Utilities ETF shares last traded at $84.96, with a volume of 10,018 shares traded.
iShares Global Utilities ETF Stock Down 0.5%
The firm has a market cap of $322.85 million, a PE ratio of 16.92 and a beta of 0.60. The company’s fifty day moving average price is $84.76 and its two-hundred day moving average price is $84.30.
Institutional Investors Weigh In On iShares Global Utilities ETF
A number of institutional investors have recently added to or reduced their stakes in the business. Blair William & Co. IL acquired a new position in iShares Global Utilities ETF during the 4th quarter worth approximately $30,000. Western Wealth Management LLC purchased a new stake in shares of iShares Global Utilities ETF in the first quarter valued at approximately $50,000. Sava Infond d.o.o. acquired a new position in iShares Global Utilities ETF during the fourth quarter worth $63,000. Flagship Harbor Advisors LLC acquired a new position in iShares Global Utilities ETF during the fourth quarter worth $67,000. Finally, Fifth Third Bancorp raised its position in iShares Global Utilities ETF by 248.4% in 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.
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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