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

iShares Global Utilities ETF (NYSEARCA:JXI)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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 traded.

iShares Global Utilities ETF Trading Up 0.2%

The firm has a market capitalization of $325.62 million, a P/E ratio of 16.92 and a beta of 0.66. The company has a 50-day moving average of $86.92 and a 200-day moving average of $82.50.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC raised its position in iShares Global Utilities ETF by 20.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 10,926 shares of the exchange traded fund’s stock worth $943,000 after purchasing an additional 1,870 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in iShares Global Utilities ETF by 28.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,790 shares of the exchange traded fund’s stock worth $141,000 after purchasing an additional 394 shares during the last quarter. Corient Private Wealth LLC bought a new position in iShares Global Utilities ETF during the 4th quarter worth $1,710,000. Beacon Pointe Advisors LLC bought a new position in iShares Global Utilities ETF during the 4th quarter worth $681,000. Finally, Guardian Partners Inc. bought a new position in iShares Global Utilities ETF during the 4th quarter worth $4,098,000.

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.