iShares Global Utilities ETF (NYSEARCA:JXI) Stock Price Pass Above Two Hundred Day Moving Average of $58.90

iShares Global Utilities ETF (NYSEARCA:JXI) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $58.90 and traded as high as $59.96. iShares Global Utilities ETF shares last traded at $59.94, with a volume of 2,778 shares.

iShares Global Utilities ETF Stock Performance

The company has a market cap of $125.87 million, a P/E ratio of 22.67 and a beta of 0.51. The business has a 50 day moving average price of $61.95 and a two-hundred day moving average price of $58.90.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Cetera Advisors LLC purchased a new position in iShares Global Utilities ETF during the 1st quarter valued at about $291,000. Jane Street Group LLC increased its stake in shares of iShares Global Utilities ETF by 128.7% during the first quarter. Jane Street Group LLC now owns 69,307 shares of the exchange traded fund’s stock valued at $4,092,000 after buying an additional 39,005 shares during the period. Creekmur Asset Management LLC purchased a new position in shares of iShares Global Utilities ETF during the fourth quarter valued at approximately $71,000. GLOBALT Investments LLC GA bought a new position in shares of iShares Global Utilities ETF during the fourth quarter valued at approximately $557,000. Finally, Cedar Brook Financial Partners LLC lifted its stake in iShares Global Utilities ETF by 13.2% in the fourth quarter. Cedar Brook Financial Partners LLC now owns 23,780 shares of the exchange traded fund’s stock worth $1,383,000 after acquiring an additional 2,769 shares during the period.

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.