iShares Global Industrials ETF (NYSEARCA:EXI) Sees Large Volume Increase – Here’s Why

iShares Global Industrials ETF (NYSEARCA:EXI) saw an uptick in trading volume on Friday . 464,988 shares traded hands during trading, an increase of 3,022% from the previous session’s volume of 14,895 shares.The stock last traded at $140.55 and had previously closed at $142.36.

iShares Global Industrials ETF Price Performance

The firm has a market capitalization of $581.42 million, a PE ratio of 21.67 and a beta of 0.88. The business’s 50 day moving average is $146.57 and its two-hundred day moving average is $143.59.

Institutional Trading of iShares Global Industrials ETF

Hedge funds have recently bought and sold shares of the company. Blue Trust Inc. boosted its position in iShares Global Industrials ETF by 135.5% during the third quarter. Blue Trust Inc. now owns 252 shares of the company’s stock valued at $37,000 after buying an additional 145 shares during the period. Venturi Wealth Management LLC grew its position in iShares Global Industrials ETF by 75.4% during the 3rd quarter. Venturi Wealth Management LLC now owns 307 shares of the company’s stock worth $46,000 after acquiring an additional 132 shares during the last quarter. FMR LLC increased its stake in iShares Global Industrials ETF by 33.6% in the 3rd quarter. FMR LLC now owns 850 shares of the company’s stock worth $126,000 after purchasing an additional 214 shares during the period. Toronto Dominion Bank bought a new stake in iShares Global Industrials ETF in the third quarter valued at approximately $171,000. Finally, TrinityPoint Wealth LLC purchased a new stake in shares of iShares Global Industrials ETF during the third quarter valued at approximately $210,000.

iShares Global Industrials ETF Company Profile

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