iShares Global Consumer Staples ETF (NYSEARCA:KXI) Reaches New 52-Week High – Here’s What Happened

iShares Global Consumer Staples ETF (NYSEARCA:KXI)’s share price reached a new 52-week high on Monday . The stock traded as high as $67.99 and last traded at $66.1390, with a volume of 193 shares changing hands. The stock had previously closed at $65.97.

iShares Global Consumer Staples ETF Trading Down 0.3%

The stock has a market cap of $890.64 million, a price-to-earnings ratio of 23.27 and a beta of 0.55. The company’s fifty day moving average is $64.62 and its two-hundred day moving average is $65.31.

Hedge Funds Weigh In On iShares Global Consumer Staples ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Allworth Financial LP increased its stake in iShares Global Consumer Staples ETF by 27.1% during the third quarter. Allworth Financial LP now owns 1,202 shares of the company’s stock worth $77,000 after purchasing an additional 256 shares during the period. Advisory Services Network LLC acquired a new position in shares of iShares Global Consumer Staples ETF in the third quarter valued at approximately $32,000. Morningstar Investment Management LLC increased its stake in iShares Global Consumer Staples ETF by 24.4% during the 3rd quarter. Morningstar Investment Management LLC now owns 293,821 shares of the company’s stock worth $18,913,000 after buying an additional 57,667 shares during the period. Kestra Private Wealth Services LLC increased its stake in iShares Global Consumer Staples ETF by 4.0% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 31,627 shares of the company’s stock worth $2,036,000 after buying an additional 1,221 shares during the period. Finally, Triumph Capital Management acquired a new stake in iShares Global Consumer Staples ETF during the 3rd quarter worth approximately $102,000.

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.