iShares Global Consumer Staples ETF (NYSEARCA:KXI) Sees Strong Trading Volume – What’s Next?

Shares of iShares Global Consumer Staples ETF (NYSEARCA:KXI) saw unusually-high trading volume on Monday . Approximately 65,991 shares traded hands during mid-day trading, an increase of 5% from the previous session’s volume of 63,073 shares.The stock last traded at $64.56 and had previously closed at $64.29.

iShares Global Consumer Staples ETF Price Performance

The business has a 50 day moving average of $63.21 and a 200 day moving average of $62.62. The firm has a market capitalization of $885.16 million, a price-to-earnings ratio of 23.28 and a beta of 0.57.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. HighTower Advisors LLC boosted its position in shares of iShares Global Consumer Staples ETF by 4.0% during the third quarter. HighTower Advisors LLC now owns 7,065 shares of the company’s stock worth $471,000 after purchasing an additional 271 shares in the last quarter. JPMorgan Chase & Co. grew its stake 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 acquiring an additional 2,480 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of iShares Global Consumer Staples ETF by 36.2% in the fourth quarter. Jones Financial Companies Lllp now owns 4,404 shares of the company’s stock worth $266,000 after acquiring an additional 1,170 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of iShares Global Consumer Staples ETF by 6.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 3,544 shares of the company’s stock worth $214,000 after purchasing an additional 222 shares during the period. Finally, IFP Advisors Inc lifted its holdings 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 valued at $150,000 after purchasing an additional 2,261 shares in 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.