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

iShares Global Utilities ETF (NYSEARCA:JXI) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 21,690 shares, a decrease of 71.7% from the February 26th total of 76,553 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average trading volume of 31,046 shares, the days-to-cover ratio is currently 0.7 days.

iShares Global Utilities ETF Stock Up 0.8%

Shares of iShares Global Utilities ETF stock traded up $0.66 on Wednesday, reaching $84.93. The company’s stock had a trading volume of 17,049 shares, compared to its average volume of 35,787. The company has a market capitalization of $280.27 million, a price-to-earnings ratio of 16.92 and a beta of 0.64. The firm’s fifty day simple moving average is $84.50 and its two-hundred day simple moving average is $80.93. iShares Global Utilities ETF has a 52 week low of $63.46 and a 52 week high of $89.56.

Institutional Investors Weigh In On iShares Global Utilities ETF

Institutional investors have recently modified their holdings of the business. Blair William & Co. IL bought a new stake in shares of iShares Global Utilities ETF during the 4th quarter valued at about $30,000. Sava Infond d.o.o. bought a new position in shares of iShares Global Utilities ETF in the 4th quarter worth approximately $63,000. Flagship Harbor Advisors LLC bought a new position in shares of iShares Global Utilities ETF in the 4th quarter worth approximately $67,000. Rockefeller Capital Management L.P. boosted its holdings in shares of iShares Global Utilities ETF by 28.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,790 shares of the exchange traded fund’s stock worth $141,000 after buying an additional 394 shares during the last quarter. Finally, Milestone Asset Management Group LLC purchased a new position in shares of iShares Global Utilities ETF in the third quarter worth approximately $214,000.

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