iShares Global Utilities ETF (NYSEARCA:JXI) Shares Pass Above 200 Day Moving Average – What’s Next?

iShares Global Utilities ETF (NYSEARCA:JXI)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $82.43 and traded as high as $87.50. iShares Global Utilities ETF shares last traded at $86.91, with a volume of 11,030 shares.

iShares Global Utilities ETF Stock Performance

The stock has a fifty day simple moving average of $86.87 and a two-hundred day simple moving average of $82.43. The stock has a market cap of $330.26 million, a price-to-earnings ratio of 16.92 and a beta of 0.66.

Institutional Trading of iShares Global Utilities ETF

Large investors have recently made changes to their positions in the company. Barings LLC purchased a new stake in shares of iShares Global Utilities ETF during the third quarter worth $7,976,000. LPL Financial LLC lifted its position 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 acquiring an additional 77,865 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position 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 acquiring an additional 57,671 shares in the last quarter. Guardian Partners Inc. purchased a new stake in shares of iShares Global Utilities ETF during the fourth quarter worth $4,098,000. Finally, Susquehanna International Group LLP lifted its position 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 acquiring an additional 37,499 shares in the last quarter.

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. The Fund invests in sectors, such as retailing, media, automobile and components, consumer services, consumer durable and apparel, S-T securities and other.