Brookstone Capital Management Reduces Holdings in iShares Global Utilities ETF (NYSEARCA:JXI)

Brookstone Capital Management trimmed its holdings in shares of iShares Global Utilities ETF (NYSEARCA:JXI) by 16.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,620 shares of the exchange traded fund’s stock after selling 1,545 shares during the period. Brookstone Capital Management owned about 0.21% of iShares Global Utilities ETF worth $445,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Parallel Advisors LLC increased its stake in shares of iShares Global Utilities ETF by 37.5% during the 2nd quarter. Parallel Advisors LLC now owns 1,100 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 300 shares in the last quarter. Advisory Services Network LLC increased its stake in shares of iShares Global Utilities ETF by 6.5% during the 2nd quarter. Advisory Services Network LLC now owns 7,664 shares of the exchange traded fund’s stock worth $418,000 after purchasing an additional 466 shares in the last quarter. Townsquare Capital LLC purchased a new position in shares of iShares Global Utilities ETF during the 2nd quarter worth approximately $363,000. LPL Financial LLC increased its stake in shares of iShares Global Utilities ETF by 136.6% during the 2nd quarter. LPL Financial LLC now owns 70,324 shares of the exchange traded fund’s stock worth $3,838,000 after purchasing an additional 40,599 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of iShares Global Utilities ETF by 4.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 11,884 shares of the exchange traded fund’s stock worth $648,000 after purchasing an additional 498 shares in the last quarter.

JXI stock opened at $58.10 on Tuesday. iShares Global Utilities ETF has a one year low of $47.53 and a one year high of $58.63. The company has a 50 day moving average price of $57.46 and a two-hundred day moving average price of $55.29.

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.

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Institutional Ownership by Quarter for iShares Global Utilities ETF (NYSEARCA:JXI)

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