iShares Global Industrials ETF (NYSEARCA:EXI) Sees Unusually-High Trading Volume – Still a Buy?

iShares Global Industrials ETF (NYSEARCA:EXI) saw strong trading volume on Friday . 144,053 shares changed hands during trading, an increase of 584% from the previous session’s volume of 21,055 shares.The stock last traded at $147.53 and had previously closed at $147.96.

iShares Global Industrials ETF Price Performance

The firm has a 50-day simple moving average of $148.72 and a 200 day simple moving average of $142.73. The firm has a market cap of $611.71 million, a PE ratio of 21.67 and a beta of 0.88.

Institutional Investors Weigh In On iShares Global Industrials ETF

Several large investors have recently bought and sold shares of the business. Blue Trust Inc. lifted its position in shares of iShares Global Industrials ETF by 135.5% during the 3rd quarter. Blue Trust Inc. now owns 252 shares of the company’s stock valued at $37,000 after buying an additional 145 shares in the last quarter. Venturi Wealth Management LLC grew its position in iShares Global Industrials ETF by 75.4% in the third quarter. Venturi Wealth Management LLC now owns 307 shares of the company’s stock worth $46,000 after acquiring an additional 132 shares in the last quarter. FMR LLC raised its stake in shares of iShares Global Industrials ETF by 33.6% in the third quarter. FMR LLC now owns 850 shares of the company’s stock valued at $126,000 after acquiring an additional 214 shares during the period. Toronto Dominion Bank bought a new stake in iShares Global Industrials ETF in the third quarter worth about $171,000. Finally, TrinityPoint Wealth LLC bought a new position in shares of iShares Global Industrials ETF during the third quarter valued at approximately $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.