MGB Wealth Management LLC Has $1.26 Million Holdings in iShares Global Consumer Staples ETF (NYSEARCA:KXI)

MGB Wealth Management LLC lessened its stake in iShares Global Consumer Staples ETF (NYSEARCA:KXI) by 4.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,208 shares of the company’s stock after selling 983 shares during the quarter. MGB Wealth Management LLC’s holdings in iShares Global Consumer Staples ETF were worth $1,263,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Blue Trust Inc. boosted its holdings in iShares Global Consumer Staples ETF by 146.9% during the third quarter. Blue Trust Inc. now owns 1,000 shares of the company’s stock worth $60,000 after purchasing an additional 595 shares during the last quarter. Family Firm Inc. acquired a new position in iShares Global Consumer Staples ETF during the second quarter worth $78,000. Madden Advisory Services Inc. acquired a new position in iShares Global Consumer Staples ETF during the third quarter worth $208,000. GSA Capital Partners LLP acquired a new position in iShares Global Consumer Staples ETF during the third quarter worth $219,000. Finally, Financial Symmetry Inc acquired a new position in iShares Global Consumer Staples ETF during the second quarter worth $234,000.

iShares Global Consumer Staples ETF Trading Up 0.9 %

Shares of KXI opened at $63.06 on Friday. The firm has a fifty day simple moving average of $63.89 and a 200 day simple moving average of $62.89. iShares Global Consumer Staples ETF has a 12 month low of $57.66 and a 12 month high of $66.31. The stock has a market capitalization of $898.61 million, a price-to-earnings ratio of 23.59 and a beta of 0.45.

About iShares Global Consumer Staples ETF

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.