iShares Global Consumer Staples ETF (NYSEARCA:KXI) Sees Large Volume Increase – Here’s Why

iShares Global Consumer Staples ETF (NYSEARCA:KXIGet Free Report) shares saw strong trading volume on Friday . 120,698 shares traded hands during trading, an increase of 162% from the previous session’s volume of 46,089 shares.The stock last traded at $60.30 and had previously closed at $59.96.

iShares Global Consumer Staples ETF Stock Up 0.7 %

The stock has a market cap of $860.56 million, a price-to-earnings ratio of 23.59 and a beta of 0.45. The business’s 50 day simple moving average is $61.42 and its 200 day simple moving average is $62.85.

Institutional Trading of iShares Global Consumer Staples ETF

Hedge funds have recently modified their holdings of the stock. Avior Wealth Management LLC bought a new position in iShares Global Consumer Staples ETF during the fourth quarter worth about $28,000. Blue Trust Inc. increased its position in iShares Global Consumer Staples ETF by 146.9% during the third quarter. Blue Trust Inc. now owns 1,000 shares of the company’s stock worth $60,000 after acquiring an additional 595 shares during the period. Madden Advisory Services Inc. bought a new position in iShares Global Consumer Staples ETF during the third quarter worth about $208,000. Janney Montgomery Scott LLC increased its position in iShares Global Consumer Staples ETF by 6.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 3,544 shares of the company’s stock worth $214,000 after acquiring an additional 222 shares during the period. Finally, GSA Capital Partners LLP bought a new position in iShares Global Consumer Staples ETF during the third quarter worth about $219,000.

iShares Global Consumer Staples ETF Company Profile

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iShares Global Consumer Staples ETF (the Fund), formerly The iShares S&P Global Consumer Staples Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond to the price and yield performance of the S&P Global 1200 Consumer Staples Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index.

Further Reading

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