Pictet Asset Management Ltd. Grows Holdings in iShares Global Utilities ETF (NYSEARCA:JXI)

Pictet Asset Management Ltd. increased its holdings in iShares Global Utilities ETF (NYSEARCA:JXI) by 2.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 135,436 shares of the exchange traded fund’s stock after buying an additional 3,000 shares during the period. Pictet Asset Management Ltd. owned about 4.04% of iShares Global Utilities ETF worth $7,320,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Commonwealth Equity Services LLC raised its stake in iShares Global Utilities ETF by 1.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 11,545 shares of the exchange traded fund’s stock valued at $566,000 after purchasing an additional 218 shares during the last quarter. Financial Advocates Investment Management acquired a new position in iShares Global Utilities ETF in the 4th quarter valued at about $35,000. First Allied Advisory Services Inc. raised its stake in iShares Global Utilities ETF by 18.9% in the 1st quarter. First Allied Advisory Services Inc. now owns 5,415 shares of the exchange traded fund’s stock valued at $292,000 after purchasing an additional 861 shares during the last quarter. Semmax Financial Advisors Inc. acquired a new position in iShares Global Utilities ETF in the 4th quarter valued at about $43,000. Finally, Aspire Private Capital LLC acquired a new position in iShares Global Utilities ETF in the 4th quarter valued at about $49,000.

Shares of NYSEARCA JXI traded up $0.23 on Friday, reaching $54.58. 7,096 shares of the company traded hands, compared to its average volume of 95,948. iShares Global Utilities ETF has a fifty-two week low of $47.53 and a fifty-two week high of $56.34. The firm’s 50 day moving average is $54.66.

The business also recently disclosed a semiannual dividend, which was paid on Friday, June 21st. Stockholders of record on Tuesday, June 18th were paid a dividend of $1.054 per share. The ex-dividend date was Monday, June 17th. This represents a dividend yield of 2.84%. This is an increase from iShares Global Utilities ETF’s previous semiannual dividend of $0.72.

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.

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

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