iShares Global Industrials ETF (NYSEARCA:EXI) Sees Strong Trading Volume – What’s Next?

Shares of iShares Global Industrials ETF (NYSEARCA:EXI) saw an uptick in trading volume on Friday . 464,988 shares were traded during mid-day trading, an increase of 3,022% from the previous session’s volume of 14,895 shares.The stock last traded at $140.55 and had previously closed at $142.36.

iShares Global Industrials ETF Stock Down 1.3 %

The firm has a market capitalization of $583.32 million, a price-to-earnings ratio of 21.67 and a beta of 0.88. The business’s fifty day moving average is $146.67 and its 200 day moving average is $143.50.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of EXI. FMR LLC raised its stake in iShares Global Industrials ETF by 33.6% in the 3rd quarter. FMR LLC now owns 850 shares of the company’s stock valued at $126,000 after acquiring an additional 214 shares during the period. Stifel Financial Corp increased its position in iShares Global Industrials ETF by 185.1% during the 3rd quarter. Stifel Financial Corp now owns 5,338 shares of the company’s stock worth $794,000 after buying an additional 3,466 shares during the period. HighTower Advisors LLC increased its position in iShares Global Industrials ETF by 17.2% during the 3rd quarter. HighTower Advisors LLC now owns 3,120 shares of the company’s stock worth $461,000 after buying an additional 459 shares during the period. MML Investors Services LLC bought a new stake in shares of iShares Global Industrials ETF in the third quarter valued at about $466,000. Finally, Quantinno Capital Management LP boosted its position in shares of iShares Global Industrials ETF by 12.8% in the third quarter. Quantinno Capital Management LP now owns 8,474 shares of the company’s stock valued at $1,261,000 after acquiring an additional 959 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.