Cumberland Partners Ltd Invests $1.26 Million in iShares Global Utilities ETF $JXI

Cumberland Partners Ltd acquired a new stake in iShares Global Utilities ETF (NYSEARCA:JXI) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 14,613 shares of the exchange traded fund’s stock, valued at approximately $1,262,000. Cumberland Partners Ltd owned 0.38% of iShares Global Utilities ETF at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. J. Safra Sarasin Holding AG acquired a new stake in iShares Global Utilities ETF in the fourth quarter worth $949,000. Corient Private Wealth LLC bought a new position in shares of iShares Global Utilities ETF during the 4th quarter worth about $1,710,000. Kestra Advisory Services LLC grew its stake in shares of iShares Global Utilities ETF by 191.2% in the 1st quarter. Kestra Advisory Services LLC now owns 51,605 shares of the exchange traded fund’s stock valued at $4,456,000 after buying an additional 33,882 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares Global Utilities ETF by 480,591.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 57,683 shares of the exchange traded fund’s stock valued at $4,537,000 after buying an additional 57,671 shares during the period. Finally, Private Advisor Group LLC increased its position in iShares Global Utilities ETF by 30.8% in the 1st quarter. Private Advisor Group LLC now owns 12,931 shares of the exchange traded fund’s stock valued at $1,116,000 after buying an additional 3,044 shares in the last quarter.

iShares Global Utilities ETF Stock Performance

JXI stock opened at $86.33 on Friday. The stock’s 50 day simple moving average is $84.55 and its 200 day simple moving average is $84.82. iShares Global Utilities ETF has a fifty-two week low of $73.65 and a fifty-two week high of $90.09. The company has a market cap of $328.05 million, a P/E ratio of 16.92 and a beta of 0.60.

iShares Global Utilities ETF 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.