Slow Capital Inc. Sells 258 Shares of iShares Global Utilities ETF (NYSEARCA:JXI)

Slow Capital Inc. reduced its position in iShares Global Utilities ETF (NYSEARCA:JXI) by 4.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,934 shares of the exchange traded fund’s stock after selling 258 shares during the period. Slow Capital Inc. owned approximately 0.28% of iShares Global Utilities ETF worth $381,000 at the end of the most recent quarter.

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

iShares Global Utilities ETF Trading Down 1.3 %

Shares of iShares Global Utilities ETF stock opened at $65.46 on Tuesday. The company has a market capitalization of $137.47 million, a P/E ratio of 22.67 and a beta of 0.51. The stock has a fifty day simple moving average of $66.10 and a 200 day simple moving average of $66.70. iShares Global Utilities ETF has a 12-month low of $54.00 and a 12-month high of $71.41.

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.