Solstein Capital LLC Increases Stake in iShares Global Utilities ETF $JXI

Solstein Capital LLC raised its stake in iShares Global Utilities ETF (NYSEARCA:JXI) by 4,539.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 21,341 shares of the exchange traded fund’s stock after acquiring an additional 20,881 shares during the period. Solstein Capital LLC’s holdings in iShares Global Utilities ETF were worth $1,813,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Corient Private Wealth LLC bought a new stake in iShares Global Utilities ETF during the 4th quarter valued at $1,710,000. Kestra Advisory Services LLC grew its holdings in iShares Global Utilities ETF by 191.2% in the 1st quarter. Kestra Advisory Services LLC now owns 51,605 shares of the exchange traded fund’s stock worth $4,456,000 after acquiring an additional 33,882 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in iShares Global Utilities ETF by 480,591.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 57,683 shares of the exchange traded fund’s stock worth $4,537,000 after acquiring an additional 57,671 shares during the last quarter. Cumberland Partners Ltd purchased a new position in shares of iShares Global Utilities ETF in the first quarter valued at about $1,262,000. Finally, MWA Asset Management purchased a new position in shares of iShares Global Utilities ETF in the first quarter valued at about $112,000.

iShares Global Utilities ETF Trading Down 0.8%

Shares of NYSEARCA:JXI opened at $80.91 on Tuesday. The company has a 50-day moving average price of $84.01 and a 200-day moving average price of $85.29. The company has a market cap of $303.41 million, a price-to-earnings ratio of 16.92 and a beta of 0.60. iShares Global Utilities ETF has a 12 month low of $73.65 and a 12 month high of $90.09.

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.