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 unusually-strong trading volume on Friday . Approximately 120,698 shares changed hands during mid-day trading, an increase of 162% from the previous session’s volume of 46,089 shares.The stock last traded at $60.30 and had previously closed at $59.96.

iShares Global Consumer Staples ETF Stock Performance

The firm has a 50 day moving average price of $61.45 and a 200-day moving average price of $62.85. The company has a market cap of $859.63 million, a P/E ratio of 23.59 and a beta of 0.45.

Institutional Investors Weigh In On iShares Global Consumer Staples ETF

Hedge funds have recently bought and sold shares of the company. Avior Wealth Management LLC bought a new position in iShares Global Consumer Staples ETF during the fourth quarter valued at about $28,000. Blue Trust Inc. lifted its holdings in shares of iShares Global Consumer Staples ETF by 146.9% during the 3rd quarter. Blue Trust Inc. now owns 1,000 shares of the company’s stock worth $60,000 after acquiring an additional 595 shares during the period. Madden Advisory Services Inc. bought a new position in shares of iShares Global Consumer Staples ETF during the 3rd quarter worth about $208,000. Janney Montgomery Scott LLC boosted its position in shares of 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 acquiring an additional 222 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new stake in iShares Global Consumer Staples ETF in the third quarter valued at about $219,000.

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.