iShares Global Consumer Staples ETF (NYSEARCA:KXI) Sees Unusually-High Trading Volume – Here’s What Happened

iShares Global Consumer Staples ETF (NYSEARCA:KXI) shares saw an uptick in trading volume on Friday . 71,290 shares were traded during mid-day 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 company’s 50-day moving average price is $62.66 and its 200-day moving average price is $62.82. The company has a market cap of $710.42 million, a P/E ratio of 22.82 and a beta of 0.57.

Hedge Funds Weigh In On iShares Global Consumer Staples ETF

A number of large investors have recently added to or reduced their stakes in KXI. HighTower Advisors LLC raised its holdings in shares of iShares Global Consumer Staples ETF by 4.0% in the third quarter. HighTower Advisors LLC now owns 7,065 shares of the company’s stock valued at $471,000 after purchasing an additional 271 shares during the last quarter. JPMorgan Chase & Co. grew 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 valued at $270,000 after purchasing an additional 2,480 shares in the last quarter. Jones Financial Companies Lllp increased its stake in iShares Global Consumer Staples ETF by 36.2% in the 4th quarter. Jones Financial Companies Lllp now owns 4,404 shares of the company’s stock valued at $266,000 after buying 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 worth $214,000 after buying an additional 222 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake in shares of iShares Global Consumer Staples ETF by 1,000.4% during the 4th quarter. IFP Advisors Inc now owns 2,487 shares of the company’s stock worth $150,000 after buying 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.