iShares Global Utilities ETF (NYSEARCA:JXI) Stock Price Pass Above Two Hundred Day Moving Average – Time to Sell?

iShares Global Utilities ETF (NYSEARCA:JXI)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $64.20 and traded as high as $70.10. iShares Global Utilities ETF shares last traded at $69.30, with a volume of 31,417 shares traded.

iShares Global Utilities ETF Stock Down 1.4 %

The firm has a market capitalization of $145.53 million, a P/E ratio of 22.67 and a beta of 0.51. The stock has a fifty day moving average of $68.77 and a 200-day moving average of $64.20.

Institutional Trading of iShares Global Utilities ETF

A number of hedge funds have recently made changes to their positions in JXI. GPS Wealth Strategies Group LLC acquired a new stake in iShares Global Utilities ETF during the 2nd quarter worth approximately $35,000. Strategic Investment Solutions Inc. IL acquired a new stake in iShares Global Utilities ETF during the 2nd quarter worth approximately $138,000. Creative Planning acquired a new stake in iShares Global Utilities ETF during the 3rd quarter worth approximately $212,000. Cowa LLC acquired a new stake in iShares Global Utilities ETF during the 2nd quarter worth approximately $239,000. Finally, Cetera Advisors LLC acquired a new stake in iShares Global Utilities ETF during the 1st quarter worth approximately $291,000.

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.