iShares Global Utilities ETF (NYSEARCA:JXI) Share Price Cross Above 200-Day Moving Average – What’s Next?

iShares Global Utilities ETF (NYSEARCA:JXI) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $78.98 and traded as high as $87.76. iShares Global Utilities ETF shares last traded at $87.05, with a volume of 31,919 shares trading hands.

iShares Global Utilities ETF Stock Performance

The business’s 50 day simple moving average is $80.41 and its 200-day simple moving average is $78.98. The company has a market cap of $287.27 million, a price-to-earnings ratio of 16.92 and a beta of 0.64.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Blair William & Co. IL bought a new stake in shares of iShares Global Utilities ETF in the 4th quarter valued at approximately $30,000. Sava Infond d.o.o. acquired a new stake in iShares Global Utilities ETF in the fourth quarter valued at approximately $63,000. Flagship Harbor Advisors LLC bought a new stake in iShares Global Utilities ETF in the fourth quarter worth approximately $67,000. SBI Securities Co. Ltd. increased its stake in shares of iShares Global Utilities ETF by 16.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,546 shares of the exchange traded fund’s stock worth $188,000 after purchasing an additional 368 shares during the last quarter. Finally, Milestone Asset Management Group LLC bought a new position in shares of iShares Global Utilities ETF during the 3rd quarter valued at $214,000.

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