iShares Global Consumer Staples ETF (NYSEARCA:KXI) Stock Price Down 2% – Here’s What Happened

iShares Global Consumer Staples ETF (NYSEARCA:KXIGet Free Report) shares fell 2% during trading on Wednesday . The stock traded as low as $66.94 and last traded at $67.04. 75,053 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 82,066 shares. The stock had previously closed at $68.38.

iShares Global Consumer Staples ETF Stock Performance

The firm has a market capitalization of $987.51 million, a P/E ratio of 23.27 and a beta of 0.48. The stock has a fifty day moving average price of $68.12 and a two-hundred day moving average price of $67.90.

Institutional Trading of iShares Global Consumer Staples ETF

Several institutional investors have recently modified their holdings of KXI. Jones Financial Companies Lllp raised its stake in shares of iShares Global Consumer Staples ETF by 59.3% in the first quarter. Jones Financial Companies Lllp now owns 7,016 shares of the company’s stock valued at $449,000 after purchasing an additional 2,612 shares in the last quarter. Jane Street Group LLC increased its holdings in iShares Global Consumer Staples ETF by 240.8% in the 1st quarter. Jane Street Group LLC now owns 27,363 shares of the company’s stock valued at $1,753,000 after buying an additional 19,335 shares during the period. Raymond James Financial Inc. increased its holdings in iShares Global Consumer Staples ETF by 44.2% in the 2nd quarter. Raymond James Financial Inc. now owns 66,555 shares of the company’s stock valued at $4,351,000 after buying an additional 20,399 shares during the period. Orion Porfolio Solutions LLC acquired a new position in shares of iShares Global Consumer Staples ETF in the 2nd quarter valued at $509,000. Finally, Geneos Wealth Management Inc. raised its stake in shares of iShares Global Consumer Staples ETF by 200.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 2,664 shares of the company’s stock valued at $174,000 after buying an additional 1,776 shares in the last quarter.

iShares Global Consumer Staples ETF Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for iShares Global Consumer Staples ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global Consumer Staples ETF and related companies with MarketBeat.com's FREE daily email newsletter.