iShares Global Consumer Staples ETF (NYSEARCA:KXI – Get Free Report) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 310,822 shares, a growth of 99.9% from the July 30th total of 155,509 shares. Based on an average trading volume of 110,709 shares, the short-interest ratio is presently 2.8 days. Approximately 2.0% of the company’s shares are short sold.
iShares Global Consumer Staples ETF Trading Down 0.5%
NYSEARCA:KXI opened at $68.35 on Tuesday. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 23.27 and a beta of 0.48. The firm’s fifty day simple moving average is $68.76 and its 200 day simple moving average is $68.75. iShares Global Consumer Staples ETF has a twelve month low of $63.15 and a twelve month high of $73.65.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp boosted its position 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 worth $449,000 after buying an additional 2,612 shares during the period. Jane Street Group LLC lifted its position in iShares Global Consumer Staples ETF by 240.8% during the 1st quarter. Jane Street Group LLC now owns 27,363 shares of the company’s stock worth $1,753,000 after acquiring an additional 19,335 shares in the last quarter. Raymond James Financial Inc. boosted 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 worth $4,351,000 after acquiring an additional 20,399 shares during the period. Orion Porfolio Solutions LLC acquired a new stake in iShares Global Consumer Staples ETF in the second quarter valued at approximately $509,000. Finally, Geneos Wealth Management Inc. grew its position in iShares Global Consumer Staples ETF by 200.0% in the second quarter. Geneos Wealth Management Inc. now owns 2,664 shares of the company’s stock valued at $174,000 after acquiring an additional 1,776 shares in the last quarter.
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.
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