iShares Global Industrials ETF (NYSEARCA:EXI) Sets New 12-Month High – Time to Buy?

iShares Global Industrials ETF (NYSEARCA:EXI)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $202.00 and last traded at $200.02, with a volume of 8773 shares. The stock had previously closed at $198.93.

iShares Global Industrials ETF Stock Up 0.2%

The firm has a fifty day moving average price of $194.59 and a 200 day moving average price of $188.54. The company has a market cap of $1.40 billion, a P/E ratio of 22.01 and a beta of 0.99.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in EXI. Fisher Asset Management LLC increased its position in iShares Global Industrials ETF by 14.8% in the 4th quarter. Fisher Asset Management LLC now owns 2,497,916 shares of the company’s stock valued at $437,985,000 after acquiring an additional 322,897 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of iShares Global Industrials ETF by 2,289.1% during the fourth quarter. HighTower Advisors LLC now owns 115,587 shares of the company’s stock valued at $20,267,000 after purchasing an additional 110,749 shares during the last quarter. Bank of America Corp DE grew its stake in shares of iShares Global Industrials ETF by 1.1% during the first quarter. Bank of America Corp DE now owns 113,061 shares of the company’s stock valued at $20,465,000 after purchasing an additional 1,228 shares during the last quarter. Van ECK Associates Corp acquired a new stake in shares of iShares Global Industrials ETF in the fourth quarter valued at approximately $7,135,000. Finally, Citadel Advisors LLC acquired a new stake in shares of iShares Global Industrials ETF in the third quarter valued at approximately $6,489,000.

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. The Index includes manufacturers and distributors of capital goods, providers of commercial services and supplies, and transportation service providers.