iShares Global Utilities ETF (NYSEARCA:JXI) Share Price Pass Above 200-Day Moving Average – Time to Sell?

Shares of iShares Global Utilities ETF (NYSEARCA:JXI) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $64.69 and traded as high as $67.43. iShares Global Utilities ETF shares last traded at $67.08, with a volume of 29,924 shares.

iShares Global Utilities ETF Stock Down 0.7 %

The business has a 50-day moving average price of $69.03 and a 200-day moving average price of $64.69. The firm has a market capitalization of $140.87 million, a price-to-earnings ratio of 22.67 and a beta of 0.51.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. GPS Wealth Strategies Group LLC acquired a new stake in iShares Global Utilities ETF in the 2nd quarter valued at about $35,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of iShares Global Utilities ETF during the 2nd quarter worth approximately $138,000. Creative Planning acquired a new stake in shares of iShares Global Utilities ETF during the 3rd quarter worth approximately $212,000. Cowa LLC acquired a new stake in shares of iShares Global Utilities ETF during the 2nd quarter worth approximately $239,000. Finally, Cetera Advisors LLC acquired a new stake in shares of 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.