iShares Global Industrials ETF (NYSEARCA:EXI) Sees Strong Trading Volume – Here’s Why

iShares Global Industrials ETF (NYSEARCA:EXI) shares saw strong trading volume on Thursday . 49,502 shares were traded 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 Price Performance

The firm has a market cap of $910.56 million, a P/E ratio of 22.34 and a beta of 1.07. The stock’s 50 day moving average is $148.18 and its two-hundred day moving average is $147.10.

Hedge Funds Weigh In On iShares Global Industrials ETF

Hedge funds have recently modified their holdings of the stock. Principal Securities Inc. acquired a new position in iShares Global Industrials ETF in the fourth quarter valued at about $29,000. Capital Investment Counsel Inc bought a new stake in iShares Global Industrials ETF in the fourth quarter valued at about $35,000. Hopwood Financial Services Inc. acquired a new position in iShares Global Industrials ETF in the fourth quarter valued at about $46,000. Blue Trust Inc. grew its position in shares of iShares Global Industrials ETF by 184.9% during the 4th quarter. Blue Trust Inc. now owns 718 shares of the company’s stock worth $101,000 after buying an additional 466 shares during the period. Finally, US Bancorp DE raised its position in shares of iShares Global Industrials ETF by 11.2% in the 4th 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 period.

iShares Global Industrials ETF Company Profile

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.