iShares Global Industrials ETF (NYSEARCA:EXI – Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 53,050 shares, a growth of 91.5% from the August 15th total of 27,707 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily volume of 42,260 shares, the short-interest ratio is presently 1.3 days.
iShares Global Industrials ETF Trading Down 0.5%
Shares of NYSEARCA EXI traded down $0.99 during trading on Tuesday, reaching $190.92. 295,408 shares of the company traded hands, compared to its average volume of 54,584. The stock has a market cap of $1.37 billion, a P/E ratio of 22.01 and a beta of 0.98. The firm’s fifty day simple moving average is $199.00 and its 200 day simple moving average is $194.87. iShares Global Industrials ETF has a 12-month low of $165.70 and a 12-month high of $207.79.
Institutional Trading of iShares Global Industrials ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Fisher Asset Management LLC lifted its stake in shares of iShares Global Industrials ETF by 14.8% in the 4th quarter. Fisher Asset Management LLC now owns 2,497,916 shares of the company’s stock valued at $437,985,000 after purchasing an additional 322,897 shares during the period. Bank of America Corp DE boosted its holdings in iShares Global Industrials ETF by 1.1% during the first quarter. Bank of America Corp DE now owns 113,061 shares of the company’s stock worth $20,465,000 after buying an additional 1,228 shares in the last quarter. HighTower Advisors LLC boosted its holdings in iShares Global Industrials ETF by 2,289.1% during the fourth quarter. HighTower Advisors LLC now owns 115,587 shares of the company’s stock worth $20,267,000 after buying an additional 110,749 shares in the last quarter. Commonwealth Equity Services LLC grew its position in iShares Global Industrials ETF by 707.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 25,704 shares of the company’s stock valued at $4,507,000 after buying an additional 22,522 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in iShares Global Industrials ETF by 18,400.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 22,756 shares of the company’s stock valued at $3,990,000 after buying an additional 22,633 shares during the period.
iShares Global Industrials ETF Company Profile
iShares Global Industrials ETF (the Fund), formerly iShares S&P Global Industrials Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Industrials Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes manufacturers and distributors of capital goods, providers of commercial services and supplies, and transportation service providers.
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