iShares Global Utilities ETF (NYSEARCA:JXI) Shares Pass Above 200-Day Moving Average – Here’s What Happened

iShares Global Utilities ETF (NYSEARCA:JXI)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $83.22 and traded as high as $84.87. iShares Global Utilities ETF shares last traded at $84.67, with a volume of 11,957 shares changing hands.

iShares Global Utilities ETF Stock Up 0.3%

The firm has a market capitalization of $325.74 million, a PE ratio of 16.92 and a beta of 0.63. The stock has a 50-day moving average price of $86.45 and a 200 day moving average price of $83.28.

Institutional Trading of iShares Global Utilities ETF

Large investors have recently made changes to their positions in the company. J. Safra Sarasin Holding AG purchased a new stake in shares of iShares Global Utilities ETF during the fourth quarter worth approximately $949,000. Barings LLC purchased a new stake in shares of iShares Global Utilities ETF during the third quarter worth approximately $7,976,000. Osaic Holdings Inc. increased its position in shares of iShares Global Utilities ETF by 106.1% during the second quarter. Osaic Holdings Inc. now owns 7,876 shares of the exchange traded fund’s stock worth $581,000 after purchasing an additional 4,054 shares in the last quarter. Equitable Holdings Inc. increased its position in shares of iShares Global Utilities ETF by 24.2% during the third quarter. Equitable Holdings Inc. now owns 6,508 shares of the exchange traded fund’s stock worth $505,000 after purchasing an additional 1,270 shares in the last quarter. Finally, Blair William & Co. IL purchased a new stake in shares of iShares Global Utilities ETF during the fourth quarter worth approximately $30,000.

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.