Morningstar Investment Management LLC Has $17.45 Million Stake in iShares Global Consumer Staples ETF $KXI

Morningstar Investment Management LLC reduced its stake in iShares Global Consumer Staples ETF (NYSEARCA:KXI) by 11.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 260,487 shares of the company’s stock after selling 33,334 shares during the period. iShares Global Consumer Staples ETF makes up approximately 1.1% of Morningstar Investment Management LLC’s investment portfolio, making the stock its 14th biggest position. Morningstar Investment Management LLC owned about 1.77% of iShares Global Consumer Staples ETF worth $17,455,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Cetera Investment Advisers increased its stake in iShares Global Consumer Staples ETF by 7.7% during the 1st quarter. Cetera Investment Advisers now owns 7,877 shares of the company’s stock worth $528,000 after acquiring an additional 564 shares during the period. Northstar Financial Companies Inc. grew its holdings in shares of iShares Global Consumer Staples ETF by 63.2% during the 1st quarter. Northstar Financial Companies Inc. now owns 23,433 shares of the company’s stock worth $1,570,000 after purchasing an additional 9,077 shares in the last quarter. Northland Securities Inc. grew its holdings in shares of iShares Global Consumer Staples ETF by 4.3% during the 1st quarter. Northland Securities Inc. now owns 48,730 shares of the company’s stock worth $3,265,000 after purchasing an additional 1,994 shares in the last quarter. Y.D. More Investments Ltd acquired a new stake in shares of iShares Global Consumer Staples ETF during the 1st quarter worth $1,173,000. Finally, Fifth Third Bancorp increased its position in shares of iShares Global Consumer Staples ETF by 73.0% in the first quarter. Fifth Third Bancorp now owns 2,187 shares of the company’s stock worth $147,000 after purchasing an additional 923 shares during the period.

iShares Global Consumer Staples ETF Stock Performance

Shares of NYSEARCA KXI opened at $67.95 on Friday. The stock has a market capitalization of $1.04 billion, a P/E ratio of 23.27 and a beta of 0.48. The stock’s fifty day moving average is $68.21 and its 200 day moving average is $68.44. iShares Global Consumer Staples ETF has a 52 week low of $63.15 and a 52 week high of $73.65.

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. Components primarily include consumer discretionary, consumer goods and consumer staples companies. The Index includes manufacturers and distributors of food, producers of non-durable household goods, and food and drug retailing companies.