iShares Global Consumer Staples ETF (NYSEARCA:KXI) Sees Large Volume Increase – What’s Next?

iShares Global Consumer Staples ETF (NYSEARCA:KXI) shares saw unusually-high trading volume on Tuesday . Approximately 431,478 shares traded hands during mid-day trading, an increase of 662% from the previous session’s volume of 56,623 shares.The stock last traded at $63.21 and had previously closed at $63.63.

iShares Global Consumer Staples ETF Stock Down 0.8 %

The firm has a market cap of $729.15 million, a price-to-earnings ratio of 23.65 and a beta of 0.57. The firm has a fifty day moving average price of $61.95 and a 200-day moving average price of $62.96.

Institutional Trading of iShares Global Consumer Staples ETF

Large investors have recently bought and sold shares of the company. Fisher Asset Management LLC grew its position in shares of iShares Global Consumer Staples ETF by 10.6% during the fourth quarter. Fisher Asset Management LLC now owns 2,816,737 shares of the company’s stock worth $169,821,000 after buying an additional 269,798 shares in the last quarter. Morningstar Investment Management LLC increased its holdings in shares of iShares Global Consumer Staples ETF by 45.6% in the 4th quarter. Morningstar Investment Management LLC now owns 256,859 shares of the company’s stock valued at $15,486,000 after acquiring an additional 80,425 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of iShares Global Consumer Staples ETF during the 4th quarter valued at approximately $4,202,000. Truist Financial Corp boosted its holdings in iShares Global Consumer Staples ETF by 6.8% in the fourth quarter. Truist Financial Corp now owns 53,493 shares of the company’s stock worth $3,225,000 after purchasing an additional 3,396 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in iShares Global Consumer Staples ETF by 43.5% during the third quarter. BNP Paribas Financial Markets now owns 48,890 shares of the company’s stock valued at $3,215,000 after purchasing an additional 14,817 shares during the last quarter.

iShares Global Consumer Staples ETF Company Profile

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.