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

iShares Global Utilities ETF (NYSEARCA:JXI) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 4,469 shares, a growth of 159.7% from the July 30th total of 1,721 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 17,406 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of iShares Global Utilities ETF

Several hedge funds have recently added to or reduced their stakes in JXI. LPL Financial LLC boosted its stake in iShares Global Utilities ETF by 181.4% in the 4th quarter. LPL Financial LLC now owns 120,786 shares of the exchange traded fund’s stock valued at $9,500,000 after purchasing an additional 77,865 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in iShares Global Utilities ETF by 480,591.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 57,683 shares of the exchange traded fund’s stock worth $4,537,000 after buying an additional 57,671 shares during the period. Guardian Partners Inc. acquired a new stake in shares of iShares Global Utilities ETF during the fourth quarter worth $4,098,000. Susquehanna International Group LLP lifted its holdings in shares of iShares Global Utilities ETF by 246.3% during the third quarter. Susquehanna International Group LLP now owns 52,723 shares of the exchange traded fund’s stock worth $4,094,000 after buying an additional 37,499 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its position in shares of iShares Global Utilities ETF by 191.2% in the first quarter. Kestra Advisory Services LLC now owns 51,605 shares of the exchange traded fund’s stock valued at $4,456,000 after acquiring an additional 33,882 shares during the period.

iShares Global Utilities ETF Stock Down 0.7%

Shares of NYSEARCA:JXI opened at $81.96 on Friday. iShares Global Utilities ETF has a 12-month low of $73.65 and a 12-month high of $90.09. The stock has a market cap of $307.35 million, a PE ratio of 16.92 and a beta of 0.60. The business has a 50 day moving average of $84.10 and a 200-day moving average of $85.33.

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