LPL Financial LLC Lowers Stock Holdings in iShares Global Utilities ETF (NYSEARCA:JXI)

LPL Financial LLC reduced its holdings in iShares Global Utilities ETF (NYSEARCA:JXI) by 46.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,070 shares of the exchange traded fund’s stock after selling 35,904 shares during the quarter. LPL Financial LLC owned approximately 2.00% of iShares Global Utilities ETF worth $2,699,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. acquired a new position in shares of iShares Global Utilities ETF during the 4th quarter valued at about $132,000. Newbridge Financial Services Group Inc. purchased a new stake in iShares Global Utilities ETF in the fourth quarter valued at approximately $48,000. GAMMA Investing LLC acquired a new position in iShares Global Utilities ETF during the fourth quarter worth approximately $45,000. Jones Financial Companies Lllp raised its stake in iShares Global Utilities ETF by 77.9% during the fourth quarter. Jones Financial Companies Lllp now owns 996 shares of the exchange traded fund’s stock worth $64,000 after purchasing an additional 436 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in iShares Global Utilities ETF by 3.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 8,718 shares of the exchange traded fund’s stock worth $559,000 after purchasing an additional 273 shares during the period.

iShares Global Utilities ETF Stock Up 1.7 %

Shares of NYSEARCA JXI opened at $68.07 on Friday. The stock has a market capitalization of $163.37 million, a PE ratio of 16.68 and a beta of 0.59. The firm has a fifty day moving average of $67.20 and a 200-day moving average of $67.24. iShares Global Utilities ETF has a 52-week low of $56.29 and a 52-week high of $71.41.

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.