iShares Global Industrials ETF (NYSEARCA:EXI) Sees Unusually-High Trading Volume – Should You Buy?

Shares of iShares Global Industrials ETF (NYSEARCA:EXI) saw strong trading volume on Friday . 464,988 shares changed hands during trading, an increase of 3,022% from the previous session’s volume of 14,895 shares.The stock last traded at $140.55 and had previously closed at $142.36.

iShares Global Industrials ETF Stock Performance

The company has a fifty day simple moving average of $146.67 and a 200 day simple moving average of $143.50. The stock has a market capitalization of $583.32 million, a price-to-earnings ratio of 21.67 and a beta of 0.88.

Institutional Investors Weigh In On iShares Global Industrials ETF

Large investors have recently modified their holdings of the company. Blue Trust Inc. lifted its position in shares of iShares Global Industrials ETF by 135.5% during the 3rd quarter. Blue Trust Inc. now owns 252 shares of the company’s stock valued at $37,000 after acquiring an additional 145 shares during the period. Venturi Wealth Management LLC raised its holdings in shares of iShares Global Industrials ETF by 75.4% during the third quarter. Venturi Wealth Management LLC now owns 307 shares of the company’s stock valued at $46,000 after purchasing an additional 132 shares during the period. FMR LLC raised its holdings in shares of iShares Global Industrials ETF by 33.6% during the third quarter. FMR LLC now owns 850 shares of the company’s stock valued at $126,000 after purchasing an additional 214 shares during the period. Toronto Dominion Bank bought a new position in shares of iShares Global Industrials ETF during the 3rd quarter worth about $171,000. Finally, TrinityPoint Wealth LLC acquired a new stake in shares of iShares Global Industrials ETF in the 3rd quarter valued at about $210,000.

About iShares Global Industrials ETF

iShares Global Industrials ETF (the Fund), formerly iShares S&P Global Industrials Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Industrials Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index.