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

iShares Global Industrials ETF (NYSEARCA:EXI) saw unusually-strong trading volume on Friday . Approximately 464,988 shares changed hands during mid-day trading, an increase of 3,022% from the previous session’s volume of 14,895 shares.The stock last traded at $140.55 and had previously closed at $142.36.

iShares Global Industrials ETF Price Performance

The firm’s 50 day moving average price is $146.57 and its 200 day moving average price is $143.59. The stock has a market capitalization of $581.42 million, a P/E ratio of 21.67 and a beta of 0.88.

Institutional Trading of iShares Global Industrials ETF

A number of hedge funds have recently modified their holdings of the business. Blue Trust Inc. grew its holdings in iShares Global Industrials ETF by 135.5% in the third quarter. Blue Trust Inc. now owns 252 shares of the company’s stock worth $37,000 after purchasing an additional 145 shares during the period. Venturi Wealth Management LLC raised its position in shares of iShares Global Industrials ETF by 75.4% in the 3rd quarter. Venturi Wealth Management LLC now owns 307 shares of the company’s stock worth $46,000 after purchasing an additional 132 shares during the last quarter. FMR LLC boosted its stake in iShares Global Industrials ETF by 33.6% in the 3rd quarter. FMR LLC now owns 850 shares of the company’s stock worth $126,000 after purchasing an additional 214 shares in the last quarter. Toronto Dominion Bank bought a new position in iShares Global Industrials ETF in the 3rd quarter worth about $171,000. Finally, TrinityPoint Wealth LLC purchased a new stake in iShares Global Industrials ETF during the 3rd quarter valued at about $210,000.

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.