Wells Fargo & Company MN Has $691,000 Stock Holdings in iShares Global Utilities ETF (NYSEARCA:JXI)

Wells Fargo & Company MN reduced its stake in iShares Global Utilities ETF (NYSEARCA:JXI) by 8.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,774 shares of the exchange traded fund’s stock after selling 1,022 shares during the period. Wells Fargo & Company MN owned about 0.51% of iShares Global Utilities ETF worth $691,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Commonwealth Equity Services LLC increased its stake in shares of iShares Global Utilities ETF by 3.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 8,718 shares of the exchange traded fund’s stock valued at $559,000 after buying an additional 273 shares during the period. Signature Estate & Investment Advisors LLC grew its position in iShares Global Utilities ETF by 1.8% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 23,188 shares of the exchange traded fund’s stock valued at $1,488,000 after purchasing an additional 415 shares during the period. Jones Financial Companies Lllp boosted its stake in iShares Global Utilities ETF by 77.9% during the 4th quarter. Jones Financial Companies Lllp now owns 996 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 436 shares during the last quarter. GAMMA Investing LLC bought a new position in shares of iShares Global Utilities ETF during the fourth quarter valued at about $45,000. Finally, Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Global Utilities ETF in the 4th quarter worth approximately $48,000.

iShares Global Utilities ETF Price Performance

Shares of iShares Global Utilities ETF stock opened at $71.38 on Friday. The firm has a market cap of $171.31 million, a PE ratio of 16.68 and a beta of 0.59. The stock has a fifty day moving average price of $68.21 and a 200-day moving average price of $67.29. iShares Global Utilities ETF has a 1 year low of $59.63 and a 1 year high of $72.00.

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.