RMB Capital Management LLC Sells 1,836 Shares of iShares Global Utilities ETF (NYSEARCA:JXI)

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RMB Capital Management LLC decreased its holdings in iShares Global Utilities ETF (NYSEARCA:JXI) by 27.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,831 shares of the exchange traded fund’s stock after selling 1,836 shares during the quarter. RMB Capital Management LLC owned approximately 0.14% of iShares Global Utilities ETF worth $264,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Pictet Asset Management Ltd. grew its stake in shares of iShares Global Utilities ETF by 4.5% in the second quarter. Pictet Asset Management Ltd. now owns 141,596 shares of the exchange traded fund’s stock worth $7,728,000 after purchasing an additional 6,160 shares during the last quarter. Cambria Investment Management L.P. lifted its holdings in iShares Global Utilities ETF by 1.1% in the first quarter. Cambria Investment Management L.P. now owns 125,690 shares of the exchange traded fund’s stock valued at $6,794,000 after buying an additional 1,428 shares during the period. Envestnet Asset Management Inc. lifted its holdings in iShares Global Utilities ETF by 404.5% in the first quarter. Envestnet Asset Management Inc. now owns 103,411 shares of the exchange traded fund’s stock valued at $5,589,000 after buying an additional 82,913 shares during the period. LPL Financial LLC lifted its holdings in iShares Global Utilities ETF by 136.6% in the second quarter. LPL Financial LLC now owns 70,324 shares of the exchange traded fund’s stock valued at $3,838,000 after buying an additional 40,599 shares during the period. Finally, Maryland Capital Management acquired a new position in iShares Global Utilities ETF in the first quarter valued at $1,126,000.

JXI stock traded up $0.26 during midday trading on Thursday, hitting $57.56. The stock had a trading volume of 649 shares, compared to its average volume of 89,986. iShares Global Utilities ETF has a 1-year low of $47.53 and a 1-year high of $57.47. The business has a fifty day moving average price of $55.63 and a two-hundred day moving average price of $54.60.

iShares Global Utilities ETF 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.

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

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