iShares Global Consumer Discretionary ETF (NYSEARCA:RXI – Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 2,535 shares, a growth of 141.9% from the April 30th total of 1,048 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 11,069 shares, the days-to-cover ratio is currently 0.2 days.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Flow Traders U.S. LLC acquired a new position in iShares Global Consumer Discretionary ETF during the 3rd quarter valued at about $4,061,000. Bessemer Group Inc. increased its position in iShares Global Consumer Discretionary ETF by 110.0% during the 1st quarter. Bessemer Group Inc. now owns 7,525 shares of the company’s stock valued at $1,403,000 after buying an additional 3,942 shares in the last quarter. Jones Financial Companies Lllp increased its position in iShares Global Consumer Discretionary ETF by 14.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 3,311 shares of the company’s stock valued at $684,000 after buying an additional 414 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in iShares Global Consumer Discretionary ETF by 31.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,382 shares of the company’s stock valued at $423,000 after buying an additional 574 shares in the last quarter. Finally, Strengthening Families & Communities LLC acquired a new position in iShares Global Consumer Discretionary ETF during the 3rd quarter valued at about $118,000.
iShares Global Consumer Discretionary ETF Price Performance
Shares of NYSEARCA RXI opened at $198.63 on Tuesday. The stock has a market capitalization of $268.15 million, a P/E ratio of 19.64 and a beta of 1.06. iShares Global Consumer Discretionary ETF has a 1-year low of $180.68 and a 1-year high of $213.77. The business has a fifty day moving average price of $195.18 and a 200 day moving average price of $201.18.
iShares Global Consumer Discretionary ETF Company Profile
iShares Global Consumer Discretionary ETF (the Fund), formerly iShares S&P Global Consumer Discretionary Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global 1200 Consumer Discretionary Sector Index (the Index). The Index measures the performance of companies that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P) deems to be part of the consumer discretionary sector of the economy and that S&P believes are important to global markets.
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