iShares Global Consumer Staples ETF (NYSEARCA:KXI) Sees Unusually-High Trading Volume

Shares of iShares Global Consumer Staples ETF (NYSEARCA:KXI) saw an uptick in trading volume on Thursday . 75,089 shares changed hands during mid-day trading, an increase of 47% from the previous session’s volume of 51,153 shares.The stock last traded at $60.11 and had previously closed at $59.91.

iShares Global Consumer Staples ETF Stock Performance

The stock has a 50-day moving average of $59.94 and a two-hundred day moving average of $59.00. The company has a market cap of $860.84 million, a P/E ratio of 22.94 and a beta of 0.45.

Institutional Trading of iShares Global Consumer Staples ETF

A number of hedge funds have recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its stake in iShares Global Consumer Staples ETF by 189.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 454 shares of the company’s stock worth $26,000 after purchasing an additional 297 shares during the period. Arlington Trust Co LLC purchased a new position in iShares Global Consumer Staples ETF in the 4th quarter worth approximately $30,000. Aptus Capital Advisors LLC purchased a new position in shares of iShares Global Consumer Staples ETF during the third quarter valued at approximately $38,000. CWM LLC increased its stake in shares of iShares Global Consumer Staples ETF by 123.7% during the third quarter. CWM LLC now owns 1,311 shares of the company’s stock valued at $75,000 after buying an additional 725 shares during the period. Finally, Anchor Investment Management LLC purchased a new position in shares of iShares Global Consumer Staples ETF during the fourth quarter valued at approximately $87,000.

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.