iShares Global Industrials ETF (NYSEARCA:EXI) Sees Large Volume Increase – Here’s What Happened

iShares Global Industrials ETF (NYSEARCA:EXI) shares saw an uptick in trading volume on Tuesday . 262,141 shares were traded during mid-day trading, an increase of 395% from the previous session’s volume of 52,998 shares.The stock last traded at $191.4740 and had previously closed at $191.91.

iShares Global Industrials ETF Price Performance

The company has a fifty day moving average of $199.00 and a two-hundred day moving average of $194.87. The stock has a market capitalization of $1.38 billion, a P/E ratio of 22.01 and a beta of 0.98.

Hedge Funds Weigh In On iShares Global Industrials ETF

Large investors have recently added to or reduced their stakes in the company. Fisher Asset Management LLC raised its stake in iShares Global Industrials ETF by 14.8% during the fourth quarter. Fisher Asset Management LLC now owns 2,497,916 shares of the company’s stock worth $437,985,000 after acquiring an additional 322,897 shares during the period. HighTower Advisors LLC grew its holdings 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. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Global Industrials ETF by 18,400.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 22,756 shares of the company’s stock valued at $3,990,000 after purchasing an additional 22,633 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of iShares Global Industrials ETF by 707.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 25,704 shares of the company’s stock worth $4,507,000 after purchasing an additional 22,522 shares during the period. Finally, Fifth Third Bancorp boosted its position in iShares Global Industrials ETF by 405.3% during the 1st quarter. Fifth Third Bancorp now owns 4,346 shares of the company’s stock valued at $787,000 after purchasing an additional 3,486 shares during the period.

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.