iShares Global Industrials ETF (NYSEARCA:EXI) Sees Unusually-High Trading Volume – Here’s What Happened

iShares Global Industrials ETF (NYSEARCA:EXI) saw an uptick in trading volume on Thursday . 49,502 shares were traded during mid-day trading, an increase of 70% from the previous session’s volume of 29,099 shares.The stock last traded at $148.69 and had previously closed at $148.87.

iShares Global Industrials ETF Price Performance

The firm has a 50-day moving average price of $148.09 and a two-hundred day moving average price of $147.05. The firm has a market capitalization of $928.34 million, a P/E ratio of 22.34 and a beta of 1.07.

Hedge Funds Weigh In On iShares Global Industrials ETF

Several institutional investors have recently made changes to their positions in the company. Principal Securities Inc. bought a new position in shares of iShares Global Industrials ETF in the 4th quarter worth $29,000. Capital Investment Counsel Inc bought a new position in iShares Global Industrials ETF in the fourth quarter worth about $35,000. Hopwood Financial Services Inc. purchased a new stake in shares of iShares Global Industrials ETF during the fourth quarter valued at about $46,000. Blue Trust Inc. lifted its position in shares of iShares Global Industrials ETF by 184.9% during the fourth quarter. Blue Trust Inc. now owns 718 shares of the company’s stock valued at $101,000 after buying an additional 466 shares during the last quarter. Finally, US Bancorp DE boosted its holdings in shares of iShares Global Industrials ETF by 11.2% in the 4th quarter. US Bancorp DE now owns 845 shares of the company’s stock valued at $119,000 after buying an additional 85 shares in the last quarter.

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.