Avantax Advisory Services Inc. Lowers Stake in iShares Global Utilities ETF (NYSEARCA:JXI)

Avantax Advisory Services Inc. decreased its position in iShares Global Utilities ETF (NYSEARCA:JXI) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,649 shares of the exchange traded fund’s stock after selling 210 shares during the quarter. Avantax Advisory Services Inc. owned 1.32% of iShares Global Utilities ETF worth $1,774,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in JXI. SBI Securities Co. Ltd. acquired a new position in iShares Global Utilities ETF during the 4th quarter worth about $132,000. Jones Financial Companies Lllp increased its stake in iShares Global Utilities ETF by 77.9% during the fourth quarter. Jones Financial Companies Lllp now owns 996 shares of the exchange traded fund’s stock worth $64,000 after purchasing an additional 436 shares during the period. Newbridge Financial Services Group Inc. acquired a new stake in shares of iShares Global Utilities ETF during the fourth quarter worth about $48,000. Finally, GAMMA Investing LLC purchased a new position in shares of iShares Global Utilities ETF in the fourth quarter valued at approximately $45,000.

iShares Global Utilities ETF Stock Up 0.6 %

Shares of JXI opened at $68.53 on Tuesday. The company has a market cap of $157.62 million, a P/E ratio of 17.55 and a beta of 0.66. iShares Global Utilities ETF has a fifty-two week low of $56.29 and a fifty-two week high of $71.41. The firm’s 50 day moving average price is $66.13 and its 200 day moving average price is $67.34.

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.