M3 Wealth Management LLC Invests $910,000 in iShares Global Consumer Staples ETF $KXI

M3 Wealth Management LLC purchased a new position in shares of iShares Global Consumer Staples ETF (NYSEARCA:KXI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 14,081 shares of the company’s stock, valued at approximately $910,000.

Several other institutional investors have also modified their holdings of KXI. Fisher Asset Management LLC grew its position in shares of iShares Global Consumer Staples ETF by 15.2% during the fourth quarter. Fisher Asset Management LLC now owns 6,032,649 shares of the company’s stock worth $390,011,000 after acquiring an additional 793,864 shares during the last quarter. Morningstar Investment Management LLC grew its position in shares of iShares Global Consumer Staples ETF by 24.4% during the third quarter. Morningstar Investment Management LLC now owns 293,821 shares of the company’s stock worth $18,913,000 after acquiring an additional 57,667 shares during the last quarter. Northland Securities Inc. bought a new position in shares of iShares Global Consumer Staples ETF during the fourth quarter worth about $3,022,000. GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in shares of iShares Global Consumer Staples ETF during the fourth quarter worth about $2,491,000. Finally, Raymond James Financial Inc. grew its position in shares of iShares Global Consumer Staples ETF by 44.2% during the second quarter. Raymond James Financial Inc. now owns 66,555 shares of the company’s stock worth $4,351,000 after acquiring an additional 20,399 shares during the last quarter.

iShares Global Consumer Staples ETF Stock Performance

iShares Global Consumer Staples ETF stock opened at $68.21 on Wednesday. The company has a 50-day simple moving average of $67.87 and a 200-day simple moving average of $67.52. The firm has a market capitalization of $1.01 billion, a P/E ratio of 23.27 and a beta of 0.50. iShares Global Consumer Staples ETF has a one year low of $63.15 and a one year high of $73.65.

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. Components primarily include consumer discretionary, consumer goods and consumer staples companies. The Index includes manufacturers and distributors of food, producers of non-durable household goods, and food and drug retailing companies.