iShares Global Utilities ETF (NYSEARCA:JXI) Short Interest Down 43.6% in June

iShares Global Utilities ETF (NYSEARCA:JXI) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 23,249 shares, a decrease of 43.6% from the June 15th total of 41,195 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average trading volume of 40,759 shares, the days-to-cover ratio is presently 0.6 days.

iShares Global Utilities ETF Trading Down 0.2%

NYSEARCA JXI traded down $0.14 on Thursday, reaching $84.94. 13,621 shares of the stock were exchanged, compared to its average volume of 32,011. iShares Global Utilities ETF has a one year low of $73.14 and a one year high of $90.09. The firm has a market capitalization of $322.77 million, a PE ratio of 16.92 and a beta of 0.60. The company’s 50-day simple moving average is $84.51 and its two-hundred day simple moving average is $84.59.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of JXI. Envestnet Asset Management Inc. boosted its stake in iShares Global Utilities ETF by 1.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 7,254 shares of the exchange traded fund’s stock worth $563,000 after purchasing an additional 131 shares during the period. LOM Asset Management Ltd raised its position in shares of iShares Global Utilities ETF by 2.0% during the fourth quarter. LOM Asset Management Ltd now owns 8,221 shares of the exchange traded fund’s stock valued at $647,000 after buying an additional 165 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares Global Utilities ETF by 0.7% in the second quarter. Ameriprise Financial Inc. now owns 31,988 shares of the exchange traded fund’s stock worth $2,360,000 after buying an additional 230 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of iShares Global Utilities ETF by 3.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 9,342 shares of the exchange traded fund’s stock worth $735,000 after buying an additional 307 shares in the last quarter. Finally, Blair William & Co. IL purchased a new position in shares of iShares Global Utilities ETF in the fourth quarter worth $30,000.

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.