iShares Global Utilities ETF (NYSEARCA:JXI) Short Interest Update

iShares Global Utilities ETF (NYSEARCA:JXI) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,721 shares, a decrease of 46.4% from the July 15th total of 3,212 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 12,950 shares, the days-to-cover ratio is presently 0.1 days.

iShares Global Utilities ETF Stock Performance

JXI traded down $0.07 during mid-day trading on Tuesday, reaching $83.05. 71,555 shares of the stock were exchanged, compared to its average volume of 29,850. iShares Global Utilities ETF has a 1 year low of $73.65 and a 1 year high of $90.09. The stock has a market capitalization of $311.44 million, a PE ratio of 16.92 and a beta of 0.60. The company has a 50 day moving average price of $84.30 and a two-hundred day moving average price of $85.28.

Institutional Investors Weigh In On iShares Global Utilities ETF

A number of hedge funds have recently modified their holdings of the stock. Jane Street Group LLC purchased a new position in shares of iShares Global Utilities ETF in the first quarter worth about $845,000. Flow Traders U.S. LLC purchased a new position in shares of iShares Global Utilities ETF in the second quarter worth about $226,000. Raymond James Financial Inc. boosted its stake in shares of iShares Global Utilities ETF by 16.0% during the second quarter. Raymond James Financial Inc. now owns 26,668 shares of the exchange traded fund’s stock valued at $1,967,000 after purchasing an additional 3,674 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of iShares Global Utilities ETF by 0.7% in the second quarter. Ameriprise Financial Inc. now owns 31,988 shares of the exchange traded fund’s stock worth $2,360,000 after purchasing an additional 230 shares during the last quarter. Finally, Osaic Holdings Inc. grew its holdings in shares of iShares Global Utilities ETF by 106.1% in the second quarter. Osaic Holdings Inc. now owns 7,876 shares of the exchange traded fund’s stock worth $581,000 after purchasing an additional 4,054 shares during the last quarter.

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. The Fund invests in sectors, such as retailing, media, automobile and components, consumer services, consumer durable and apparel, S-T securities and other.