iShares Global Utilities ETF (NYSEARCA:JXI) Stock Price Cross Above Two Hundred Day Moving Average – What’s Next?

Shares of iShares Global Utilities ETF (NYSEARCA:JXI) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $65.93 and traded as high as $66.75. iShares Global Utilities ETF shares last traded at $66.30, with a volume of 4,547 shares trading hands.

iShares Global Utilities ETF Price Performance

The company has a market cap of $139.23 million, a price-to-earnings ratio of 22.67 and a beta of 0.51. The business’s fifty day moving average price is $68.70 and its 200 day moving average price is $65.93.

Institutional Investors Weigh In On iShares Global Utilities ETF

Institutional investors have recently made changes to their positions in the stock. Signature Estate & Investment Advisors LLC bought a new position in shares of iShares Global Utilities ETF in the 2nd quarter worth about $1,363,000. Cetera Advisors LLC acquired a new stake in iShares Global Utilities ETF during the first quarter worth approximately $291,000. Cowa LLC acquired a new stake in iShares Global Utilities ETF during the second quarter worth approximately $239,000. Creative Planning bought a new stake in iShares Global Utilities ETF in the third quarter worth approximately $212,000. Finally, Strategic Investment Solutions Inc. IL acquired a new position in iShares Global Utilities ETF in the second quarter valued at approximately $138,000.

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.