iShares Global Utilities ETF (NYSEARCA:JXI) Shares Cross Above 200 Day Moving Average – Should You Sell?

iShares Global Utilities ETF (NYSEARCA:JXI)’s stock price 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 traded.

iShares Global Utilities ETF Stock 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 stock’s fifty day moving average is $68.70 and its two-hundred day moving average is $65.93.

Institutional Trading of iShares Global Utilities ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. GPS Wealth Strategies Group LLC purchased a new stake in iShares Global Utilities ETF in the 2nd quarter valued at about $35,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of iShares Global Utilities ETF during the second quarter valued at approximately $138,000. Creative Planning purchased a new stake in shares of iShares Global Utilities ETF during the third quarter valued at approximately $212,000. Cowa LLC bought a new stake in iShares Global Utilities ETF during the second quarter worth $239,000. Finally, Cetera Advisors LLC purchased a new position in iShares Global Utilities ETF in the first quarter worth $291,000.

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.