iShares Global Utilities ETF (NYSEARCA:JXI – Get Free Report)’s share price passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $83.75 and traded as high as $84.16. iShares Global Utilities ETF shares last traded at $84.06, with a volume of 35,461 shares traded.
iShares Global Utilities ETF Stock Down 0.7%
The stock has a market cap of $347.80 million, a P/E ratio of 18.56 and a beta of 0.55. The firm’s 50 day simple moving average is $80.29 and its two-hundred day simple moving average is $83.79.
Institutional Investors Weigh In On iShares Global Utilities ETF
A number of institutional investors have recently modified their holdings of the business. Mather Group LLC. bought a new position in shares of iShares Global Utilities ETF during the third quarter worth about $38,000. Western Wealth Management LLC bought a new stake in iShares Global Utilities ETF in the 1st quarter valued at about $50,000. Bangor Savings Bank bought a new stake in iShares Global Utilities ETF in the 3rd quarter valued at about $69,000. Fifth Third Bancorp boosted its stake in iShares Global Utilities ETF by 248.4% during the 1st quarter. Fifth Third Bancorp now owns 979 shares of the exchange traded fund’s stock valued at $85,000 after purchasing an additional 698 shares during the period. Finally, MWA Asset Management acquired a new position in iShares Global Utilities ETF during the 1st quarter valued at about $112,000.
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. The Fund invests in sectors, such as retailing, media, automobile and components, consumer services, consumer durable and apparel, S-T securities and other.
Read More
- Five stocks we like better than iShares Global Utilities ETF
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
- CVS Raised Its Outlook and Announced a Breakup—So Why Did the Stock Drop?
- Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
- Duolingo’s User Growth Is Outpacing Bookings, But Is Its Strategy Paying Off?
Receive News & Ratings for iShares Global Utilities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global Utilities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
