iShares Global Industrials ETF (NYSEARCA:EXI) Hits New 1-Year High – Should You Buy?

iShares Global Industrials ETF (NYSEARCA:EXI)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $204.18 and last traded at $202.97, with a volume of 7650 shares trading hands. The stock had previously closed at $200.79.

iShares Global Industrials ETF Stock Performance

The company has a market capitalization of $1.46 billion, a PE ratio of 22.01 and a beta of 0.98. The stock’s 50-day simple moving average is $196.55 and its 200 day simple moving average is $193.01.

Hedge Funds Weigh In On iShares Global Industrials ETF

Several hedge funds have recently added to or reduced their stakes in EXI. Assetmark Inc. grew its position in shares of iShares Global Industrials ETF by 47.0% in the 1st quarter. Assetmark Inc. now owns 194 shares of the company’s stock valued at $35,000 after buying an additional 62 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in iShares Global Industrials ETF by 62.6% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 174 shares of the company’s stock valued at $31,000 after acquiring an additional 67 shares during the last quarter. Advisory Services Network LLC raised its stake in shares of iShares Global Industrials ETF by 7.2% during the third quarter. Advisory Services Network LLC now owns 1,675 shares of the company’s stock worth $289,000 after purchasing an additional 112 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of iShares Global Industrials ETF by 5.9% in the 3rd quarter. Private Advisor Group LLC now owns 2,070 shares of the company’s stock worth $358,000 after acquiring an additional 116 shares during the period. Finally, Osaic Holdings Inc. increased its holdings in shares of iShares Global Industrials ETF by 3.6% in the 2nd quarter. Osaic Holdings Inc. now owns 3,601 shares of the company’s stock valued at $593,000 after purchasing an additional 124 shares in the last quarter.

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.