Cumberland Partners Ltd Purchases New Shares in iShares Global Utilities ETF $JXI

Cumberland Partners Ltd purchased a new position in shares of iShares Global Utilities ETF (NYSEARCA:JXI) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 14,613 shares of the exchange traded fund’s stock, valued at approximately $1,262,000.

Other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC purchased a new stake in shares of iShares Global Utilities ETF during the first quarter valued at approximately $845,000. Flow Traders U.S. LLC purchased a new position in shares of iShares Global Utilities ETF in the 2nd quarter worth about $226,000. Raymond James Financial Inc. boosted its holdings in shares of iShares Global Utilities ETF by 16.0% in the 2nd quarter. Raymond James Financial Inc. now owns 26,668 shares of the exchange traded fund’s stock worth $1,967,000 after buying an additional 3,674 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in iShares Global Utilities ETF by 0.7% during 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 during the last quarter. Finally, Osaic Holdings Inc. increased its holdings in iShares Global Utilities ETF by 106.1% during the second quarter. Osaic Holdings Inc. now owns 7,876 shares of the exchange traded fund’s stock worth $581,000 after buying an additional 4,054 shares during the last quarter.

iShares Global Utilities ETF Stock Up 0.2%

iShares Global Utilities ETF stock opened at $86.33 on Friday. iShares Global Utilities ETF has a twelve month low of $73.65 and a twelve month high of $90.09. The firm has a 50 day moving average price of $84.55 and a 200-day moving average price of $84.82. The company has a market capitalization of $328.05 million, a P/E ratio of 16.92 and a beta of 0.60.

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.