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

iShares Global Consumer Staples ETF (NYSEARCA:KXI) shares saw strong trading volume on Tuesday . 431,478 shares were traded during trading, an increase of 662% from the previous session’s volume of 56,623 shares.The stock last traded at $63.21 and had previously closed at $63.63.

iShares Global Consumer Staples ETF Stock Down 0.8 %

The firm has a market capitalization of $729.15 million, a P/E ratio of 23.65 and a beta of 0.57. The business’s 50 day moving average is $61.95 and its two-hundred day moving average is $62.96.

Institutional Investors Weigh In On iShares Global Consumer Staples ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares Global Consumer Staples ETF during the fourth quarter valued at about $26,000. Avior Wealth Management LLC purchased a new stake in shares of iShares Global Consumer Staples ETF in the 4th quarter valued at approximately $28,000. TD Waterhouse Canada Inc. acquired a new position in iShares Global Consumer Staples ETF in the 4th quarter worth approximately $48,000. IFP Advisors Inc grew its position in 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 purchasing an additional 2,261 shares in the last quarter. Finally, Kendall Capital Management acquired a new stake in iShares Global Consumer Staples ETF during the 4th quarter valued at $201,000.

About iShares Global Consumer Staples ETF

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.