Raymond James Financial Inc. Buys Shares of 3,780 iShares Global Industrials ETF (NYSEARCA:EXI)

Raymond James Financial Inc. purchased a new position in iShares Global Industrials ETF (NYSEARCA:EXI) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 3,780 shares of the company’s stock, valued at approximately $534,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. US Bancorp DE raised its stake in iShares Global Industrials ETF by 11.2% during the fourth quarter. US Bancorp DE now owns 845 shares of the company’s stock valued at $119,000 after buying an additional 85 shares during the last quarter. Principal Securities Inc. purchased a new position in shares of iShares Global Industrials ETF in the 4th quarter worth about $29,000. 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. Capital Investment Counsel Inc bought a new stake in iShares Global Industrials ETF during the 4th quarter valued at about $35,000. Finally, HighTower Advisors LLC increased its stake in iShares Global Industrials ETF by 17.2% during the 3rd quarter. HighTower Advisors LLC now owns 3,120 shares of the company’s stock valued at $461,000 after purchasing an additional 459 shares in the last quarter.

iShares Global Industrials ETF Stock Down 1.3 %

NYSEARCA:EXI opened at $129.73 on Tuesday. The stock has a market cap of $849.73 million, a price-to-earnings ratio of 19.67 and a beta of 1.00. The company’s 50 day moving average price is $147.16 and its 200-day moving average price is $147.02. iShares Global Industrials ETF has a 52 week low of $127.05 and a 52 week high of $152.59.

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.