iShares Global Utilities ETF (NYSEARCA:JXI) Stock Pass Above Two Hundred Day Moving Average – What’s Next?

iShares Global Utilities ETF (NYSEARCA:JXI) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $67.38 and traded as high as $68.24. iShares Global Utilities ETF shares last traded at $67.44, with a volume of 4,232 shares traded.

iShares Global Utilities ETF Price Performance

The company has a market cap of $159.57 million, a P/E ratio of 17.91 and a beta of 0.66. The stock has a 50-day moving average of $66.76 and a 200 day moving average of $67.38.

Hedge Funds Weigh In On iShares Global Utilities ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. GAMMA Investing LLC acquired a new position in iShares Global Utilities ETF during the 4th quarter worth approximately $45,000. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Global Utilities ETF during the fourth quarter worth $48,000. Jones Financial Companies Lllp lifted its stake in shares of iShares Global Utilities ETF by 77.9% in the 4th quarter. Jones Financial Companies Lllp now owns 996 shares of the exchange traded fund’s stock valued at $64,000 after acquiring an additional 436 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in shares of iShares Global Utilities ETF in the 4th quarter valued at $132,000. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of iShares Global Utilities ETF by 3.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 6,829 shares of the exchange traded fund’s stock valued at $438,000 after acquiring an additional 240 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.