iShares Global Industrials ETF (NYSEARCA:EXI) Reaches New 52-Week High – What’s Next?

Shares of iShares Global Industrials ETF (NYSEARCA:EXI) reached a new 52-week high on Monday . The company traded as high as $150.35 and last traded at $150.26, with a volume of 7480 shares trading hands. The stock had previously closed at $149.79.

iShares Global Industrials ETF Trading Up 0.6 %

The stock has a fifty day moving average of $143.51 and a two-hundred day moving average of $139.51. The stock has a market capitalization of $620.80 million, a price-to-earnings ratio of 21.67 and a beta of 0.88.

Institutional Investors Weigh In On iShares Global Industrials ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of EXI. Susquehanna International Group LLP increased its stake in shares of iShares Global Industrials ETF by 34.8% in the 2nd quarter. Susquehanna International Group LLP now owns 36,605 shares of the company’s stock valued at $4,945,000 after buying an additional 9,452 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of iShares Global Industrials ETF by 0.5% during the second quarter. Envestnet Asset Management Inc. now owns 29,462 shares of the company’s stock worth $3,980,000 after purchasing an additional 148 shares during the period. Sanctuary Advisors LLC bought a new position in iShares Global Industrials ETF during the second quarter worth about $704,000. Advisors Preferred LLC lifted its holdings in iShares Global Industrials ETF by 339.5% during the first quarter. Advisors Preferred LLC now owns 3,252 shares of the company’s stock worth $451,000 after acquiring an additional 2,512 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in iShares Global Industrials ETF by 17.0% during the second quarter. Commonwealth Equity Services LLC now owns 3,250 shares of the company’s stock worth $439,000 after acquiring an additional 472 shares in the last quarter.

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.