iShares Global Consumer Staples ETF (NYSEARCA:KXI) Sees Strong Trading Volume – Time to Buy?

Shares of iShares Global Consumer Staples ETF (NYSEARCA:KXI) saw strong trading volume on Friday . 71,290 shares were traded during trading, an increase of 22% from the previous session’s volume of 58,289 shares.The stock last traded at $63.69 and had previously closed at $63.58.

iShares Global Consumer Staples ETF Stock Down 0.2 %

The firm has a market capitalization of $710.42 million, a price-to-earnings ratio of 22.82 and a beta of 0.57. The company’s fifty day moving average is $62.66 and its two-hundred day moving average is $62.82.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Kohmann Bosshard Financial Services LLC acquired a new position in iShares Global Consumer Staples ETF during the fourth quarter valued at approximately $26,000. Avior Wealth Management LLC bought a new position in shares of iShares Global Consumer Staples ETF during the fourth quarter worth $28,000. TD Waterhouse Canada Inc. acquired a new position in shares of iShares Global Consumer Staples ETF in the 4th quarter valued at $48,000. IFP Advisors Inc increased its position in shares of iShares Global Consumer Staples ETF by 1,000.4% in the 4th quarter. IFP Advisors Inc now owns 2,487 shares of the company’s stock valued at $150,000 after buying 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 worth $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.