iShares Global Consumer Staples ETF (NYSEARCA:KXI) Stock Price Up 0.8% – Should You Buy?

Posted by Samantha Reynolds on Jan 19th, 2025

Shares of iShares Global Consumer Staples ETF (NYSEARCA:KXI – Get Free Report) shot up 0.8% during mid-day trading on Thursday . The stock traded as high as $59.05 and last traded at $59.03. 59,042 shares traded hands during trading, an increase of 42% from the average session volume of 41,454 shares. The stock had previously closed at $58.57.

iShares Global Consumer Staples ETF Stock Up 0.7 %

The firm has a 50 day moving average of $61.64 and a 200 day moving average of $62.89. The firm has a market cap of $847.31 million, a PE ratio of 23.59 and a beta of 0.45.

Hedge Funds Weigh In On iShares Global Consumer Staples ETF

Several large investors have recently modified their holdings of KXI. Avior Wealth Management LLC bought a new position in iShares Global Consumer Staples ETF in the 4th quarter worth about $28,000. Blue Trust Inc. boosted its position in shares of iShares Global Consumer Staples ETF by 146.9% in the third quarter. Blue Trust Inc. now owns 1,000 shares of the company’s stock valued at $60,000 after acquiring an additional 595 shares during the period. Madden Advisory Services Inc. purchased a new position in iShares Global Consumer Staples ETF during the third quarter valued at approximately $208,000. GSA Capital Partners LLP bought a new stake in iShares Global Consumer Staples ETF during the 3rd quarter worth approximately $219,000. Finally, Janney Montgomery Scott LLC lifted its stake in iShares Global Consumer Staples ETF by 6.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 3,544 shares of the company’s stock worth $214,000 after purchasing an additional 222 shares in the last quarter.

About iShares Global Consumer Staples ETF

(Get Free Report)

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.