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

Shares of iShares Global Consumer Staples ETF (NYSEARCA:KXI) saw an uptick in trading volume on Tuesday . 88,560 shares were traded during mid-day trading, an increase of 58% from the previous session’s volume of 55,924 shares.The stock last traded at $62.25 and had previously closed at $62.19.

iShares Global Consumer Staples ETF Trading Up 0.7 %

The company has a market cap of $890.20 million, a PE ratio of 23.59 and a beta of 0.45. The firm has a 50 day moving average of $64.01 and a two-hundred day moving average of $62.86.

Hedge Funds Weigh In On iShares Global Consumer Staples ETF

A number of hedge funds have recently bought and sold shares of KXI. Blue Trust Inc. boosted its stake in iShares Global Consumer Staples ETF by 146.9% during the 3rd quarter. Blue Trust Inc. now owns 1,000 shares of the company’s stock valued at $60,000 after purchasing an additional 595 shares during the last quarter. Family Firm Inc. purchased a new stake in shares of iShares Global Consumer Staples ETF during the second quarter valued at $78,000. Madden Advisory Services Inc. purchased a new stake in shares of iShares Global Consumer Staples ETF during the third quarter valued at $208,000. GSA Capital Partners LLP bought a new stake in iShares Global Consumer Staples ETF in the 3rd quarter worth about $219,000. Finally, Financial Symmetry Inc purchased a new position in iShares Global Consumer Staples ETF in the 2nd quarter worth about $234,000.

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.