iShares Global Industrials ETF (NYSEARCA:EXI) Sees Large Volume Increase – Time to Buy?

Shares of iShares Global Industrials ETF (NYSEARCA:EXI) saw unusually-strong trading volume on Wednesday . Approximately 56,056 shares traded hands during mid-day trading, an increase of 102% from the previous session’s volume of 27,810 shares.The stock last traded at $149.88 and had previously closed at $150.12.

iShares Global Industrials ETF Price Performance

The firm has a fifty day moving average of $147.13 and a two-hundred day moving average of $146.73. The stock has a market capitalization of $902.48 million, a P/E ratio of 23.44 and a beta of 1.07.

Institutional Trading of iShares Global Industrials ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Fisher Asset Management LLC raised its holdings in shares of iShares Global Industrials ETF by 10.6% in the fourth quarter. Fisher Asset Management LLC now owns 1,790,393 shares of the company’s stock valued at $252,857,000 after acquiring an additional 171,956 shares in the last quarter. Assetmark Inc. grew its stake in iShares Global Industrials ETF by 44,352.2% in the fourth quarter. Assetmark Inc. now owns 245,376 shares of the company’s stock valued at $34,654,000 after purchasing an additional 244,824 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in iShares Global Industrials ETF by 11.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 99,683 shares of the company’s stock valued at $14,078,000 after purchasing an additional 10,076 shares during the last quarter. National Bank of Canada FI grew its stake in iShares Global Industrials ETF by 5,688.2% in the fourth quarter. National Bank of Canada FI now owns 33,861 shares of the company’s stock valued at $4,782,000 after purchasing an additional 33,276 shares during the last quarter. Finally, Aveo Capital Partners LLC purchased a new position in iShares Global Industrials ETF in the fourth quarter valued at about $3,631,000.

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.