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

iShares Global Utilities ETF (NYSEARCA:JXI)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $84.30 and traded as high as $85.32. iShares Global Utilities ETF shares last traded at $84.96, with a volume of 10,018 shares.

iShares Global Utilities ETF Stock Performance

The stock has a market capitalization of $322.35 million, a PE ratio of 16.92 and a beta of 0.60. The stock’s 50 day moving average is $84.67 and its two-hundred day moving average is $84.35.

Hedge Funds Weigh In On iShares Global Utilities ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. J. Safra Sarasin Holding AG acquired a new position in shares of iShares Global Utilities ETF during the 4th quarter worth approximately $949,000. Corient Private Wealth LLC acquired a new stake in shares of iShares Global Utilities ETF during the 4th quarter worth about $1,710,000. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Global Utilities ETF by 480,591.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 57,683 shares of the exchange traded fund’s stock valued at $4,537,000 after acquiring an additional 57,671 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its holdings in iShares Global Utilities ETF by 4.3% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 22,295 shares of the exchange traded fund’s stock valued at $1,753,000 after purchasing an additional 917 shares during the last quarter. Finally, Sava Infond d.o.o. purchased a new stake in shares of iShares Global Utilities ETF in the 4th quarter valued at $63,000.

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.