GLOBALT Investments LLC GA lowered its position in iShares Global Utilities ETF (NYSEARCA:JXI – Free Report) by 2.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,885 shares of the exchange traded fund’s stock after selling 211 shares during the quarter. GLOBALT Investments LLC GA owned approximately 0.38% of iShares Global Utilities ETF worth $558,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. GPS Wealth Strategies Group LLC acquired a new position in shares of iShares Global Utilities ETF during the 2nd quarter worth $35,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of iShares Global Utilities ETF during the 2nd quarter worth about $138,000. Creative Planning acquired a new position in shares of iShares Global Utilities ETF during the 3rd quarter valued at about $212,000. Cowa LLC acquired a new position in iShares Global Utilities ETF during the second quarter valued at approximately $239,000. Finally, Cetera Advisors LLC bought a new stake in shares of iShares Global Utilities ETF during the 1st quarter worth $291,000.
iShares Global Utilities ETF Trading Up 0.6 %
NYSEARCA:JXI opened at $67.90 on Tuesday. The firm’s fifty day simple moving average is $69.08 and its 200 day simple moving average is $65.31. The firm has a market capitalization of $142.59 million, a PE ratio of 22.67 and a beta of 0.51. iShares Global Utilities ETF has a 1 year low of $54.00 and a 1 year high of $71.41.
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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