Morningstar Investment Management LLC Has $15.49 Million Holdings in iShares Global Consumer Staples ETF (NYSEARCA:KXI)

Morningstar Investment Management LLC boosted its holdings in shares of iShares Global Consumer Staples ETF (NYSEARCA:KXI) by 45.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 256,859 shares of the company’s stock after purchasing an additional 80,425 shares during the period. iShares Global Consumer Staples ETF accounts for approximately 1.2% of Morningstar Investment Management LLC’s portfolio, making the stock its 17th biggest position. Morningstar Investment Management LLC’s holdings in iShares Global Consumer Staples ETF were worth $15,486,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in KXI. Truist Financial Corp increased its position in shares of iShares Global Consumer Staples ETF by 6.8% during the fourth quarter. Truist Financial Corp now owns 53,493 shares of the company’s stock worth $3,225,000 after acquiring an additional 3,396 shares in the last quarter. Gladstone Institutional Advisory LLC boosted its stake in iShares Global Consumer Staples ETF by 2.7% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 28,855 shares of the company’s stock worth $1,740,000 after purchasing an additional 748 shares during the period. Fulton Breakefield Broenniman LLC acquired a new position in iShares Global Consumer Staples ETF in the 4th quarter worth $463,000. CX Institutional bought a new position in iShares Global Consumer Staples ETF during the 4th quarter worth about $743,000. Finally, Avior Wealth Management LLC acquired a new stake in shares of iShares Global Consumer Staples ETF in the 4th quarter valued at about $28,000.

iShares Global Consumer Staples ETF Price Performance

Shares of iShares Global Consumer Staples ETF stock opened at $63.05 on Thursday. The firm has a market cap of $709.31 million, a price-to-earnings ratio of 23.78 and a beta of 0.60. iShares Global Consumer Staples ETF has a one year low of $57.85 and a one year high of $66.31. The stock’s 50-day moving average is $60.97 and its 200-day moving average is $62.90.

iShares Global Consumer Staples ETF Profile

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.