iShares Global Industrials ETF (NYSEARCA:EXI) Hits New 12-Month High – Time to Buy?

iShares Global Industrials ETF (NYSEARCA:EXI) reached a new 52-week high on Tuesday . The company traded as high as $206.52 and last traded at $206.52, with a volume of 390 shares. The stock had previously closed at $204.71.

iShares Global Industrials ETF Trading Up 0.6%

The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of 22.01 and a beta of 0.98. The firm’s 50-day moving average is $197.95 and its 200 day moving average is $193.93.

Institutional Trading of iShares Global Industrials ETF

Institutional investors have recently added to or reduced their stakes in the stock. Fisher Asset Management LLC boosted its stake in iShares Global Industrials ETF by 14.8% during the 4th quarter. Fisher Asset Management LLC now owns 2,497,916 shares of the company’s stock valued at $437,985,000 after purchasing an additional 322,897 shares during the last quarter. HighTower Advisors LLC boosted its holdings in iShares Global Industrials ETF by 2,289.1% during the fourth quarter. HighTower Advisors LLC now owns 115,587 shares of the company’s stock worth $20,267,000 after purchasing an additional 110,749 shares during the last quarter. Van ECK Associates Corp purchased a new position in shares of iShares Global Industrials ETF in the 4th quarter worth approximately $7,135,000. Citadel Advisors LLC bought a new position in iShares Global Industrials ETF in the 3rd quarter valued at $6,489,000. Finally, Ameriprise Financial Inc. purchased a new stake in iShares Global Industrials ETF during the third quarter worth about $6,170,000.

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. The Index includes manufacturers and distributors of capital goods, providers of commercial services and supplies, and transportation service providers.