Raymond James Financial Inc. Acquires New Shares in iShares Global Consumer Staples ETF (NYSEARCA:KXI)

Raymond James Financial Inc. acquired a new stake in iShares Global Consumer Staples ETF (NYSEARCA:KXI) in the 4th quarter, Holdings Channel reports. The firm acquired 41,658 shares of the company’s stock, valued at approximately $2,512,000.

Other hedge funds have also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC purchased a new position in iShares Global Consumer Staples ETF in the 4th quarter valued at approximately $26,000. Avior Wealth Management LLC purchased a new position in iShares Global Consumer Staples ETF in the 4th quarter valued at approximately $28,000. IFP Advisors Inc increased its stake in iShares Global Consumer Staples ETF by 1,000.4% in the 4th quarter. IFP Advisors Inc now owns 2,487 shares of the company’s stock valued at $150,000 after purchasing an additional 2,261 shares in the last quarter. Kendall Capital Management purchased a new position in iShares Global Consumer Staples ETF in the 4th quarter valued at approximately $201,000. Finally, Janney Montgomery Scott LLC increased its position in iShares Global Consumer Staples ETF by 6.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 3,544 shares of the company’s stock worth $214,000 after buying an additional 222 shares in the last quarter.

iShares Global Consumer Staples ETF Stock Performance

iShares Global Consumer Staples ETF stock opened at $65.67 on Wednesday. The stock has a fifty day moving average of $63.90 and a two-hundred day moving average of $62.70. The company has a market capitalization of $899.68 million, a price-to-earnings ratio of 23.28 and a beta of 0.57. iShares Global Consumer Staples ETF has a fifty-two week low of $58.34 and a fifty-two week high of $66.62.

iShares Global Consumer Staples ETF Company Profile

iShares Global Consumer Staples ETF (the Fund), formerly The iShares S&P Global Consumer Staples Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond to the price and yield performance of the S&P Global 1200 Consumer Staples Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index.