iShares Global Utilities ETF (NYSEARCA:JXI) Stock Price Cross Above 200 Day Moving Average of $58.90

Posted by Trevor Kearing on Jul 4th, 2024

iShares Global Utilities ETF (NYSEARCA:JXI – Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $58.90 and traded as high as $59.96. iShares Global Utilities ETF shares last traded at $59.94, with a volume of 2,778 shares trading hands.

iShares Global Utilities ETF Stock Up 0.9 %

The firm has a market cap of $127.04 million, a PE ratio of 22.67 and a beta of 0.51. The stock has a 50 day moving average price of $61.97 and a two-hundred day moving average price of $58.91.

Institutional Investors Weigh In On iShares Global Utilities ETF

A number of institutional investors and hedge funds have recently modified their holdings of JXI. Anchor Investment Management LLC acquired a new stake in shares of iShares Global Utilities ETF during the fourth quarter worth about $65,000. Creekmur Asset Management LLC acquired a new position in iShares Global Utilities ETF in the fourth quarter valued at approximately $71,000. Cetera Advisors LLC acquired a new position in iShares Global Utilities ETF in the first quarter valued at approximately $291,000. GLOBALT Investments LLC GA acquired a new position in iShares Global Utilities ETF in the fourth quarter valued at approximately $557,000. Finally, Cedar Brook Financial Partners LLC lifted its holdings in iShares Global Utilities ETF by 13.2% in the fourth quarter. Cedar Brook Financial Partners LLC now owns 23,780 shares of the exchange traded fund’s stock valued at $1,383,000 after acquiring an additional 2,769 shares during the period.

About iShares Global Utilities ETF

(Get Free Report)

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.