iShares Global Utilities ETF $JXI Stock Position Lessened by LPL Financial LLC

LPL Financial LLC decreased its holdings in iShares Global Utilities ETF (NYSEARCA:JXI) by 8.9% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 38,329 shares of the exchange traded fund’s stock after selling 3,741 shares during the quarter. LPL Financial LLC owned 1.60% of iShares Global Utilities ETF worth $2,648,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ameriprise Financial Inc. grew its stake in shares of iShares Global Utilities ETF by 28.2% in the fourth quarter. Ameriprise Financial Inc. now owns 28,634 shares of the exchange traded fund’s stock worth $1,837,000 after purchasing an additional 6,303 shares in the last quarter. Susquehanna International Group LLP grew its stake in shares of iShares Global Utilities ETF by 21.1% in the fourth quarter. Susquehanna International Group LLP now owns 37,288 shares of the exchange traded fund’s stock worth $2,392,000 after purchasing an additional 6,495 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of iShares Global Utilities ETF by 2,245.8% in the first quarter. GAMMA Investing LLC now owns 16,374 shares of the exchange traded fund’s stock worth $1,131,000 after purchasing an additional 15,676 shares in the last quarter. Bank of America Corp DE grew its stake in shares of iShares Global Utilities ETF by 12.9% in the fourth quarter. Bank of America Corp DE now owns 21,346 shares of the exchange traded fund’s stock worth $1,369,000 after purchasing an additional 2,434 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of iShares Global Utilities ETF by 3.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,829 shares of the exchange traded fund’s stock valued at $438,000 after buying an additional 240 shares during the period.

iShares Global Utilities ETF Stock Down 0.1%

Shares of iShares Global Utilities ETF stock opened at $76.17 on Monday. The firm has a market cap of $194.23 million, a price-to-earnings ratio of 16.92 and a beta of 0.58. The business has a fifty day simple moving average of $74.19 and a 200-day simple moving average of $70.89. iShares Global Utilities ETF has a fifty-two week low of $62.46 and a fifty-two week high of $76.85.

About iShares Global Utilities ETF

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.