iShares Global Utilities ETF (NYSEARCA:JXI) Short Interest Update

iShares Global Utilities ETF (NYSEARCA:JXI) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 2,364 shares, a decrease of 51.4% from the August 31st total of 4,861 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 128,848 shares, the days-to-cover ratio is currently 0.0 days.

iShares Global Utilities ETF Stock Performance

JXI stock traded up $0.35 during midday trading on Tuesday, reaching $77.20. The company’s stock had a trading volume of 23,977 shares, compared to its average volume of 36,838. iShares Global Utilities ETF has a 1 year low of $76.28 and a 1 year high of $90.09. The firm has a market capitalization of $370.56 million, a price-to-earnings ratio of 16.92 and a beta of 0.59. The stock has a fifty day simple moving average of $81.95 and a two-hundred day simple moving average of $84.27.

Institutional Investors Weigh In On iShares Global Utilities ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JXI. Western Wealth Management LLC purchased a new position in shares of iShares Global Utilities ETF during the first quarter worth approximately $50,000. Fifth Third Bancorp grew its stake in iShares Global Utilities ETF by 248.4% in the first quarter. Fifth Third Bancorp now owns 979 shares of the exchange traded fund’s stock worth $85,000 after purchasing an additional 698 shares in the last quarter. MWA Asset Management purchased a new position in iShares Global Utilities ETF during the 1st quarter worth $112,000. Integrated Wealth Concepts LLC purchased a new position in iShares Global Utilities ETF during the 2nd quarter worth $125,000. Finally, Rockefeller Capital Management L.P. raised its position in iShares Global Utilities ETF by 28.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,790 shares of the exchange traded fund’s stock valued at $141,000 after purchasing an additional 394 shares in the last quarter.

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.