iShares Global Industrials ETF (NYSEARCA:EXI) Sees Large Volume Increase – Time to Buy?

Shares of iShares Global Industrials ETF (NYSEARCA:EXI) saw unusually-strong trading volume on Wednesday . Approximately 56,056 shares traded hands during trading, an increase of 102% from the previous session’s volume of 27,810 shares.The stock last traded at $149.88 and had previously closed at $150.12.

iShares Global Industrials ETF Trading Up 0.8 %

The firm has a market cap of $902.48 million, a P/E ratio of 23.44 and a beta of 1.07. The company’s 50 day simple moving average is $147.13 and its 200-day simple moving average is $146.73.

Hedge Funds Weigh In On iShares Global Industrials ETF

Several institutional investors have recently made changes to their positions in EXI. TrinityPoint Wealth LLC bought a new position in shares of iShares Global Industrials ETF in the 3rd quarter worth approximately $210,000. Fisher Asset Management LLC increased its holdings in iShares Global Industrials ETF by 10.3% in the 3rd quarter. Fisher Asset Management LLC now owns 1,618,437 shares of the company’s stock worth $240,743,000 after acquiring an additional 151,129 shares in the last quarter. FMR LLC increased its holdings 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 acquiring an additional 214 shares in the last quarter. HighTower Advisors LLC increased its holdings in iShares Global Industrials ETF by 17.2% in the 3rd quarter. HighTower Advisors LLC now owns 3,120 shares of the company’s stock worth $461,000 after acquiring an additional 459 shares in the last quarter. Finally, Quantinno Capital Management LP increased its holdings in iShares Global Industrials ETF by 12.8% in the 3rd quarter. Quantinno Capital Management LP now owns 8,474 shares of the company’s stock worth $1,261,000 after acquiring an additional 959 shares in the last quarter.

About iShares Global Industrials ETF

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.