Peapack Gladstone Financial Corp Reduces Stake in iShares Global Consumer Staples ETF (NYSEARCA:KXI)

Peapack Gladstone Financial Corp trimmed its stake in iShares Global Consumer Staples ETF (NYSEARCA:KXI) by 15.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,925 shares of the company’s stock after selling 700 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in iShares Global Consumer Staples ETF were worth $237,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC raised its position in shares of iShares Global Consumer Staples ETF by 10.6% during the 4th quarter. Fisher Asset Management LLC now owns 2,816,737 shares of the company’s stock worth $169,821,000 after purchasing an additional 269,798 shares during the period. Morningstar Investment Management LLC lifted its holdings in shares of iShares Global Consumer Staples ETF by 45.6% in the fourth quarter. Morningstar Investment Management LLC now owns 256,859 shares of the company’s stock valued at $15,486,000 after purchasing an additional 80,425 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Global Consumer Staples ETF during the fourth quarter worth $2,512,000. Independent Advisor Alliance bought a new position in iShares Global Consumer Staples ETF during the fourth quarter valued at about $1,530,000. Finally, CX Institutional acquired a new stake in shares of iShares Global Consumer Staples ETF in the fourth quarter valued at about $743,000.

iShares Global Consumer Staples ETF Stock Up 4.3 %

KXI stock opened at $63.32 on Thursday. iShares Global Consumer Staples ETF has a twelve month low of $57.85 and a twelve month high of $66.31. The company has a market cap of $709.18 million, a PE ratio of 22.82 and a beta of 0.57. The business’s 50-day simple moving average is $63.11 and its 200 day simple moving average is $62.66.

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.