Avantax Advisory Services Inc. Lowers Position in iShares Global Utilities ETF $JXI

Avantax Advisory Services Inc. trimmed its holdings in shares of iShares Global Utilities ETF (NYSEARCA:JXI) by 2.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,270 shares of the exchange traded fund’s stock after selling 725 shares during the quarter. Avantax Advisory Services Inc. owned 1.03% of iShares Global Utilities ETF worth $1,938,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Cetera Investment Advisers boosted its stake in iShares Global Utilities ETF by 12.5% during the second quarter. Cetera Investment Advisers now owns 11,084 shares of the exchange traded fund’s stock worth $818,000 after buying an additional 1,235 shares during the period. SBI Securities Co. Ltd. lifted its holdings in shares of iShares Global Utilities ETF by 16.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 2,546 shares of the exchange traded fund’s stock worth $188,000 after acquiring an additional 368 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of iShares Global Utilities ETF by 5.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,123 shares of the exchange traded fund’s stock worth $525,000 after purchasing an additional 358 shares during the period. Signature Estate & Investment Advisors LLC boosted its position in shares of iShares Global Utilities ETF by 1.4% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 23,207 shares of the exchange traded fund’s stock worth $1,712,000 after purchasing an additional 315 shares during the period. Finally, FSA Wealth Partners Inc. acquired a new stake in iShares Global Utilities ETF in the 2nd quarter valued at approximately $782,000.

iShares Global Utilities ETF Stock Up 0.1%

Shares of NYSEARCA JXI opened at $79.73 on Friday. The business’s 50 day moving average is $79.31 and its two-hundred day moving average is $75.86. iShares Global Utilities ETF has a 52-week low of $62.46 and a 52-week high of $82.11. The firm has a market cap of $235.20 million, a price-to-earnings ratio of 16.92 and a beta of 0.64.

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.