iShares Global Utilities ETF (NYSEARCA:JXI) Stock Price Pass Above Two Hundred Day Moving Average – Time to Sell?

iShares Global Utilities ETF (NYSEARCA:JXI) passed 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 trading hands.

iShares Global Utilities ETF Price Performance

The firm has a market capitalization of $322.85 million, a PE ratio of 16.92 and a beta of 0.60. The business’s 50-day moving average price is $84.76 and its 200-day moving average price is $84.30.

Institutional Trading of iShares Global Utilities ETF

A number of large investors have recently bought and sold shares of JXI. LPL Financial LLC boosted its stake in shares of iShares Global Utilities ETF by 181.4% during the fourth quarter. LPL Financial LLC now owns 120,786 shares of the exchange traded fund’s stock worth $9,500,000 after buying an additional 77,865 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake 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 worth $4,537,000 after purchasing an additional 57,671 shares during the last quarter. 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 purchasing an additional 37,499 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. Finally, Kestra Advisory Services LLC grew its position in 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 last quarter.

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.