iShares Global Utilities ETF (NYSEARCA:JXI) Share Price Pass Above 200-Day Moving Average – What’s Next?

iShares Global Utilities ETF (NYSEARCA:JXI)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 changing hands.

iShares Global Utilities ETF Stock Down 0.9 %

The firm has a market cap of $158.48 million, a price-to-earnings ratio of 17.91 and a beta of 0.66. The company’s 50-day moving average price is $66.65 and its 200-day moving average price is $67.38.

Institutional Trading of iShares Global Utilities ETF

Institutional investors have recently made changes to their positions in the company. Susquehanna International Group LLP lifted its position in shares of iShares Global Utilities ETF by 21.1% during the fourth quarter. Susquehanna International Group LLP now owns 37,288 shares of the exchange traded fund’s stock worth $2,392,000 after purchasing an additional 6,495 shares in the last quarter. Ameriprise Financial Inc. increased its stake in iShares Global Utilities ETF by 28.2% during the 4th quarter. Ameriprise Financial Inc. now owns 28,634 shares of the exchange traded fund’s stock worth $1,837,000 after buying an additional 6,303 shares during the period. Bank of America Corp DE increased its stake in iShares Global Utilities ETF by 12.9% during the 4th quarter. Bank of America Corp DE now owns 21,346 shares of the exchange traded fund’s stock worth $1,369,000 after buying an additional 2,434 shares during the period. SBI Securities Co. Ltd. acquired a new stake in iShares Global Utilities ETF during the 4th quarter worth approximately $132,000. Finally, Newbridge Financial Services Group Inc. purchased a new position in iShares Global Utilities ETF in the 4th quarter valued at approximately $48,000.

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.