iShares Global Utilities ETF (NYSEARCA:JXI) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

iShares Global Utilities ETF (NYSEARCA:JXI) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $66.57 and traded as high as $67.04. iShares Global Utilities ETF shares last traded at $66.82, with a volume of 16,131 shares trading hands.

iShares Global Utilities ETF Trading Up 1.4 %

The company’s 50-day moving average is $66.21 and its 200 day moving average is $66.57. The firm has a market cap of $140.32 million, a PE ratio of 22.67 and a beta of 0.51.

Institutional Trading of iShares Global Utilities ETF

A number of hedge funds have recently made changes to their positions in the stock. Strategic Investment Solutions Inc. IL purchased a new stake in shares of iShares Global Utilities ETF during the second quarter worth $138,000. Creative Planning purchased a new position in iShares Global Utilities ETF in the third quarter valued at about $212,000. Finally, GAMMA Investing LLC acquired a new position in iShares Global Utilities ETF in the 4th quarter worth about $45,000.

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.