Bessemer Group Inc. Reduces Stock Holdings in iShares Global Industrials ETF (NYSEARCA:EXI)

Bessemer Group Inc. reduced its position in shares of iShares Global Industrials ETF (NYSEARCA:EXI) by 40.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,520 shares of the company’s stock after selling 1,029 shares during the quarter. Bessemer Group Inc.’s holdings in iShares Global Industrials ETF were worth $221,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. lifted its position in shares of iShares Global Industrials ETF by 44,352.2% during the 4th quarter. Assetmark Inc. now owns 245,376 shares of the company’s stock valued at $34,654,000 after buying an additional 244,824 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares Global Industrials ETF by 11.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 99,683 shares of the company’s stock worth $14,078,000 after buying an additional 10,076 shares in the last quarter. National Bank of Canada FI increased its stake in iShares Global Industrials ETF by 5,688.2% during the fourth quarter. National Bank of Canada FI now owns 33,861 shares of the company’s stock worth $4,782,000 after acquiring an additional 33,276 shares during the last quarter. Jane Street Group LLC increased its position in shares of iShares Global Industrials ETF by 238.8% during the 4th quarter. Jane Street Group LLC now owns 23,899 shares of the company’s stock valued at $3,375,000 after purchasing an additional 16,845 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of iShares Global Industrials ETF by 1.0% in the fourth quarter. Wells Fargo & Company MN now owns 20,905 shares of the company’s stock valued at $2,952,000 after acquiring an additional 214 shares during the period.

iShares Global Industrials ETF Price Performance

Shares of NYSEARCA EXI opened at $165.31 on Thursday. The firm has a 50-day simple moving average of $158.26 and a two-hundred day simple moving average of $149.50. iShares Global Industrials ETF has a 1 year low of $127.05 and a 1 year high of $165.38. The company has a market cap of $942.27 million, a P/E ratio of 22.01 and a beta of 1.04.

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.