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

Shares of iShares Global Industrials ETF (NYSEARCA:EXI) saw unusually-high trading volume on Thursday . Approximately 49,502 shares traded hands during trading, an increase of 70% from the previous session’s volume of 29,099 shares.The stock last traded at $148.69 and had previously closed at $148.87.

iShares Global Industrials ETF Stock Down 0.2 %

The stock has a market capitalization of $928.34 million, a P/E ratio of 22.34 and a beta of 1.07. The company has a fifty day moving average price of $148.09 and a 200-day moving average price of $147.05.

Institutional Investors Weigh In On iShares Global Industrials ETF

Large investors have recently added to or reduced their stakes in the stock. US Bancorp DE increased its position in iShares Global Industrials ETF by 11.2% during the fourth quarter. US Bancorp DE now owns 845 shares of the company’s stock valued at $119,000 after acquiring an additional 85 shares during the last quarter. Mariner LLC grew its holdings in iShares Global Industrials ETF by 3.5% during the 4th quarter. Mariner LLC now owns 2,772 shares of the company’s stock valued at $391,000 after purchasing an additional 93 shares during the last quarter. Baker Avenue Asset Management LP raised its position in iShares Global Industrials ETF by 1.9% in the 4th quarter. Baker Avenue Asset Management LP now owns 6,933 shares of the company’s stock worth $979,000 after purchasing an additional 132 shares during the period. Principal Securities Inc. bought a new stake in iShares Global Industrials ETF in the fourth quarter worth about $29,000. Finally, FMR LLC boosted its position 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 buying an additional 214 shares during the period.

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.