Laurel Wealth Advisors LLC Boosts Stake in iShares Global Consumer Staples ETF $KXI

Laurel Wealth Advisors LLC increased its stake in shares of iShares Global Consumer Staples ETF (NYSEARCA:KXI) by 6,438.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 3,923 shares of the company’s stock after buying an additional 3,863 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in iShares Global Consumer Staples ETF were worth $256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its position in iShares Global Consumer Staples ETF by 4.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 4,930 shares of the company’s stock worth $325,000 after acquiring an additional 199 shares during the period. Focus Financial Network Inc. raised its stake in shares of iShares Global Consumer Staples ETF by 3.3% in the second quarter. Focus Financial Network Inc. now owns 6,520 shares of the company’s stock worth $426,000 after purchasing an additional 206 shares during the last quarter. National Bank of Canada FI lifted its holdings in shares of iShares Global Consumer Staples ETF by 1.6% during the first quarter. National Bank of Canada FI now owns 21,742 shares of the company’s stock worth $1,393,000 after purchasing an additional 338 shares during the period. AE Wealth Management LLC boosted its position in iShares Global Consumer Staples ETF by 60.5% in the second quarter. AE Wealth Management LLC now owns 1,016 shares of the company’s stock valued at $66,000 after buying an additional 383 shares during the last quarter. Finally, Cresset Asset Management LLC boosted its position in iShares Global Consumer Staples ETF by 2.8% in the first quarter. Cresset Asset Management LLC now owns 15,431 shares of the company’s stock valued at $988,000 after buying an additional 426 shares during the last quarter.

iShares Global Consumer Staples ETF Trading Up 0.5%

Shares of NYSEARCA:KXI opened at $65.97 on Friday. iShares Global Consumer Staples ETF has a twelve month low of $58.34 and a twelve month high of $67.63. The company has a market cap of $893.89 million, a PE ratio of 23.27 and a beta of 0.55. The company’s 50 day moving average is $64.56 and its 200 day moving average is $65.30.

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.