iShares Global Utilities ETF (NYSEARCA:JXI) Stock Price Pass Above 200 Day Moving Average – Time to Sell?

Shares of iShares Global Utilities ETF (NYSEARCA:JXI) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $67.20 and traded as high as $67.52. iShares Global Utilities ETF shares last traded at $67.52, with a volume of 4,750 shares.

iShares Global Utilities ETF Stock Performance

The firm has a market capitalization of $155.30 million, a price-to-earnings ratio of 17.61 and a beta of 0.67. The business has a fifty day moving average of $65.35 and a two-hundred day moving average of $67.20.

Institutional Trading of iShares Global Utilities ETF

Several institutional investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its stake in iShares Global Utilities ETF by 3.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 6,829 shares of the exchange traded fund’s stock valued at $438,000 after purchasing an additional 240 shares during the period. Commonwealth Equity Services LLC boosted its stake in iShares Global Utilities ETF by 3.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 8,718 shares of the exchange traded fund’s stock valued at $559,000 after purchasing an additional 273 shares during the period. Signature Estate & Investment Advisors LLC boosted its stake in iShares Global Utilities ETF by 1.8% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 23,188 shares of the exchange traded fund’s stock valued at $1,488,000 after purchasing an additional 415 shares during the period. Jones Financial Companies Lllp boosted its stake in iShares Global Utilities ETF by 77.9% in the 4th quarter. Jones Financial Companies Lllp now owns 996 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 436 shares during the period. Finally, GAMMA Investing LLC bought a new stake in iShares Global Utilities ETF in the 4th quarter valued at $45,000.

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.