iShares Global Industrials ETF (NYSEARCA:EXI) Reaches New 1-Year High – Time to Buy?

iShares Global Industrials ETF (NYSEARCA:EXI)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $151.58 and last traded at $150.87, with a volume of 3221 shares trading hands. The stock had previously closed at $150.16.

iShares Global Industrials ETF Stock Up 0.3 %

The firm has a market capitalization of $625.11 million, a price-to-earnings ratio of 21.67 and a beta of 0.88. The company’s 50 day moving average is $146.11 and its 200 day moving average is $140.68.

Institutional Investors Weigh In On iShares Global Industrials ETF

Large investors have recently added to or reduced their stakes in the stock. TrinityPoint Wealth LLC acquired a new stake in iShares Global Industrials ETF during the third quarter worth about $210,000. Patron Partners LLC acquired a new stake in shares of iShares Global Industrials ETF during the 3rd quarter worth approximately $240,000. Venturi Wealth Management LLC boosted its position in shares of iShares Global Industrials ETF by 75.4% during the 3rd quarter. Venturi Wealth Management LLC now owns 307 shares of the company’s stock worth $46,000 after acquiring an additional 132 shares in the last quarter. Atria Investments Inc increased its stake in iShares Global Industrials ETF by 199.6% in the third quarter. Atria Investments Inc now owns 6,743 shares of the company’s stock valued at $1,003,000 after acquiring an additional 4,492 shares during the last quarter. Finally, ASB Consultores LLC acquired a new position in iShares Global Industrials ETF during the third quarter valued at approximately $352,000.

About iShares Global Industrials ETF

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.