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

iShares Global Utilities ETF (NYSEARCA:JXI) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $83.07 and traded as high as $86.12. iShares Global Utilities ETF shares last traded at $85.83, with a volume of 15,083 shares trading hands.

iShares Global Utilities ETF Stock Performance

The firm has a market cap of $326.15 million, a PE ratio of 16.92 and a beta of 0.63. The firm has a fifty day simple moving average of $86.82 and a two-hundred day simple moving average of $83.07.

Hedge Funds Weigh In On iShares Global Utilities ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Blair William & Co. IL purchased a new position in shares of iShares Global Utilities ETF in the 4th quarter worth approximately $30,000. Sava Infond d.o.o. bought a new position in shares of iShares Global Utilities ETF during the 4th quarter worth $63,000. Flagship Harbor Advisors LLC bought a new position in shares of iShares Global Utilities ETF during the 4th quarter worth $67,000. Fifth Third Bancorp raised its position in shares of iShares Global Utilities ETF by 248.4% in the 1st quarter. Fifth Third Bancorp now owns 979 shares of the exchange traded fund’s stock worth $85,000 after acquiring an additional 698 shares in the last quarter. Finally, MWA Asset Management bought a new position in shares of iShares Global Utilities ETF in the 1st quarter worth $112,000.

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. The Fund invests in sectors, such as retailing, media, automobile and components, consumer services, consumer durable and apparel, S-T securities and other.