Pictet Asset Management SA Makes New $16.84 Million Investment in iShares Global Utilities ETF (NYSEARCA:JXI)

Pictet Asset Management SA bought a new position in shares of iShares Global Utilities ETF (NYSEARCA:JXIGet Rating) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 260,250 shares of the exchange traded fund’s stock, valued at approximately $16,839,000. Pictet Asset Management SA owned 9.46% of iShares Global Utilities ETF as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of iShares Global Utilities ETF during the 4th quarter valued at $4,015,000. Addison Advisors LLC lifted its holdings in shares of iShares Global Utilities ETF by 303.4% during the 4th quarter. Addison Advisors LLC now owns 944 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 710 shares during the last quarter. Banque Pictet & Cie SA purchased a new stake in shares of iShares Global Utilities ETF during the 4th quarter valued at $3,109,000. Avantax Advisory Services Inc. lifted its holdings in shares of iShares Global Utilities ETF by 5.2% during the 4th quarter. Avantax Advisory Services Inc. now owns 26,292 shares of the exchange traded fund’s stock valued at $1,701,000 after purchasing an additional 1,309 shares during the last quarter. Finally, Barclays PLC purchased a new stake in shares of iShares Global Utilities ETF during the 3rd quarter valued at $1,355,000.

NYSEARCA JXI opened at $63.54 on Thursday. The stock’s fifty day moving average price is $64.44 and its 200 day moving average price is $63.01. iShares Global Utilities ETF has a 1 year low of $58.86 and a 1 year high of $67.69.

iShares Global Utilities ETF Profile (Get Rating)

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.

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Institutional Ownership by Quarter for iShares Global Utilities ETF (NYSEARCA:JXI)

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