iShares Global Consumer Staples ETF (NYSEARCA:KXI) Sees Strong Trading Volume – What’s Next?

Shares of iShares Global Consumer Staples ETF (NYSEARCA:KXI) saw unusually-high trading volume on Friday . Approximately 71,290 shares were traded during trading, an increase of 22% from the previous session’s volume of 58,289 shares.The stock last traded at $63.69 and had previously closed at $63.58.

iShares Global Consumer Staples ETF Price Performance

The firm’s 50 day moving average price is $62.58 and its 200-day moving average price is $62.86. The firm has a market cap of $712.59 million, a price-to-earnings ratio of 22.82 and a beta of 0.57.

Institutional Trading of iShares Global Consumer Staples ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in KXI. HighTower Advisors LLC increased its stake in shares of iShares Global Consumer Staples ETF by 4.0% in the 3rd quarter. HighTower Advisors LLC now owns 7,065 shares of the company’s stock valued at $471,000 after buying an additional 271 shares during the period. JPMorgan Chase & Co. increased its position in iShares Global Consumer Staples ETF by 153.1% in the third quarter. JPMorgan Chase & Co. now owns 4,100 shares of the company’s stock worth $270,000 after purchasing an additional 2,480 shares during the period. Jones Financial Companies Lllp raised its holdings in iShares Global Consumer Staples ETF by 36.2% during the 4th quarter. Jones Financial Companies Lllp now owns 4,404 shares of the company’s stock worth $266,000 after purchasing an additional 1,170 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in iShares Global Consumer Staples ETF by 6.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 3,544 shares of the company’s stock valued at $214,000 after purchasing an additional 222 shares during the period. Finally, IFP Advisors Inc boosted its stake in shares of iShares Global Consumer Staples ETF by 1,000.4% in the 4th quarter. IFP Advisors Inc now owns 2,487 shares of the company’s stock valued at $150,000 after purchasing an additional 2,261 shares during the last quarter.

iShares Global Consumer Staples ETF Company Profile

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.