Aviance Capital Management LLC trimmed its holdings in shares of iShares Global Utilities ETF (NYSEARCA:JXI) by 5.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,408 shares of the exchange traded fund’s stock after selling 1,699 shares during the period. Aviance Capital Management LLC owned about 0.91% of iShares Global Utilities ETF worth $1,342,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of the company. InterOcean Capital LLC grew its holdings in iShares Global Utilities ETF by 8.2% during the 1st quarter. InterOcean Capital LLC now owns 26,715 shares of the exchange traded fund’s stock valued at $1,311,000 after buying an additional 2,028 shares during the last quarter. Family Firm Inc. acquired a new position in iShares Global Utilities ETF in the second quarter valued at $208,000. Citadel Advisors LLC acquired a new position in iShares Global Utilities ETF in the second quarter valued at $502,000. Brookstone Capital Management acquired a new position in iShares Global Utilities ETF in the second quarter valued at $1,233,000. Finally, Ifrah Financial Services Inc. acquired a new position in iShares Global Utilities ETF in the second quarter valued at $1,256,000.
iShares Global Utilities ETF stock traded down $0.24 during midday trading on Friday, reaching $50.02. The stock had a trading volume of 37,918 shares, compared to its average volume of 26,579. iShares Global Utilities ETF has a twelve month low of $45.15 and a twelve month high of $53.00.
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.
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.