iShares Global Consumer Staples ETF (NYSEARCA:KXI) Sets New 1-Year High – Here’s What Happened

iShares Global Consumer Staples ETF (NYSEARCA:KXI)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $66.74 and last traded at $66.63, with a volume of 3686 shares. The stock had previously closed at $66.39.

iShares Global Consumer Staples ETF Stock Up 0.4%

The company has a 50-day moving average of $64.35 and a 200-day moving average of $62.87. The company has a market cap of $846.89 million, a PE ratio of 23.94 and a beta of 0.58.

Hedge Funds Weigh In On iShares Global Consumer Staples ETF

Hedge funds have recently bought and sold shares of the company. Fisher Asset Management LLC raised its stake in shares of iShares Global Consumer Staples ETF by 10.6% during the 4th quarter. Fisher Asset Management LLC now owns 2,816,737 shares of the company’s stock worth $169,821,000 after purchasing an additional 269,798 shares during the period. Morningstar Investment Management LLC increased its holdings in iShares Global Consumer Staples ETF by 45.6% during the fourth quarter. Morningstar Investment Management LLC now owns 256,859 shares of the company’s stock worth $15,486,000 after buying an additional 80,425 shares during the last quarter. Citadel Advisors LLC bought a new stake in iShares Global Consumer Staples ETF in the fourth quarter worth about $4,202,000. Truist Financial Corp boosted its stake in iShares Global Consumer Staples ETF by 6.8% in the fourth quarter. Truist Financial Corp now owns 53,493 shares of the company’s stock valued at $3,225,000 after acquiring an additional 3,396 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in shares of iShares Global Consumer Staples ETF by 10.8% during the 1st quarter. Raymond James Financial Inc. now owns 46,156 shares of the company’s stock valued at $2,956,000 after acquiring an additional 4,498 shares during the period.

About iShares Global Consumer Staples ETF

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.