iShares Global Utilities ETF (NYSEARCA:JXI) Share Price Cross Above 200-Day Moving Average – Here’s What Happened

iShares Global Utilities ETF (NYSEARCA:JXI) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $63.71 and traded as high as $71.41. iShares Global Utilities ETF shares last traded at $70.65, with a volume of 8,938 shares.

iShares Global Utilities ETF Price Performance

The firm has a market capitalization of $149.10 million, a PE ratio of 22.67 and a beta of 0.51. The business’s 50-day moving average price is $68.22 and its 200-day moving average price is $63.80.

Institutional Trading of iShares Global Utilities ETF

Institutional investors have recently modified their holdings of the company. Jane Street Group LLC boosted its holdings in iShares Global Utilities ETF by 128.7% in the 1st quarter. Jane Street Group LLC now owns 69,307 shares of the exchange traded fund’s stock worth $4,092,000 after acquiring an additional 39,005 shares during the period. Cetera Advisors LLC purchased a new position in iShares Global Utilities ETF in the 1st quarter worth approximately $291,000. GPS Wealth Strategies Group LLC acquired a new position in shares of iShares Global Utilities ETF in the 2nd quarter valued at approximately $35,000. Signature Estate & Investment Advisors LLC acquired a new position in shares of iShares Global Utilities ETF in the 2nd quarter valued at approximately $1,363,000. Finally, Cowa LLC acquired a new position in shares of iShares Global Utilities ETF in the 2nd quarter valued at approximately $239,000.

About iShares Global Utilities ETF

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.