iShares Global Consumer Staples ETF (NYSEARCA:KXI) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of iShares Global Consumer Staples ETF (NYSEARCA:KXI) saw unusually-high trading volume on Wednesday . 121,173 shares changed hands during trading, an increase of 47% from the previous session’s volume of 82,468 shares.The stock last traded at $70.49 and had previously closed at $70.27.

iShares Global Consumer Staples ETF Stock Performance

The stock has a 50-day moving average of $68.23 and a two-hundred day moving average of $68.62. The company has a market cap of $1.07 billion, a P/E ratio of 23.27 and a beta of 0.48.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in KXI. Bank of America Corp DE boosted its stake in shares of iShares Global Consumer Staples ETF by 69.8% in the 1st quarter. Bank of America Corp DE now owns 99,039 shares of the company’s stock valued at $6,637,000 after purchasing an additional 40,711 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of iShares Global Consumer Staples ETF by 7.7% during the 1st quarter. Cetera Investment Advisers now owns 7,877 shares of the company’s stock valued at $528,000 after purchasing an additional 564 shares during the last quarter. Northstar Financial Companies Inc. raised its position in iShares Global Consumer Staples ETF by 63.2% in the 1st quarter. Northstar Financial Companies Inc. now owns 23,433 shares of the company’s stock worth $1,570,000 after purchasing an additional 9,077 shares during the period. Northland Securities Inc. raised its position in iShares Global Consumer Staples ETF by 4.3% in the 1st quarter. Northland Securities Inc. now owns 48,730 shares of the company’s stock worth $3,265,000 after purchasing an additional 1,994 shares during the period. Finally, Y.D. More Investments Ltd purchased a new position in iShares Global Consumer Staples ETF in the 1st quarter worth $1,173,000.

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. 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.