Jane Street Group LLC Reduces Stock Position in iShares Global Utilities ETF (NYSEARCA:JXI)

Jane Street Group LLC trimmed its stake in shares of iShares Global Utilities ETF (NYSEARCA:JXI) by 94.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,026 shares of the exchange traded fund’s stock after selling 48,891 shares during the quarter. Jane Street Group LLC owned approximately 0.14% of iShares Global Utilities ETF worth $214,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Strategic Investment Solutions Inc. IL bought a new position in iShares Global Utilities ETF during the second quarter worth $138,000. Creative Planning acquired a new stake in shares of iShares Global Utilities ETF during the third quarter worth $212,000. Finally, Cowa LLC bought a new position in shares of iShares Global Utilities ETF in the 2nd quarter worth about $239,000.

iShares Global Utilities ETF Stock Down 1.3 %

Shares of NYSEARCA:JXI opened at $63.40 on Monday. The company has a market cap of $133.14 million, a PE ratio of 22.67 and a beta of 0.51. iShares Global Utilities ETF has a fifty-two week low of $54.00 and a fifty-two week high of $71.41. The firm has a 50-day simple moving average of $66.53 and a 200 day simple moving average of $66.34.

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.