iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) Stock Price Down 0.3% – Here’s Why

iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) traded down 0.3% on Thursday . The stock traded as low as $202.29 and last traded at $202.63. 5,879 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 10,057 shares. The stock had previously closed at $203.16.

iShares Global Consumer Discretionary ETF Price Performance

The stock has a market cap of $273.70 million, a price-to-earnings ratio of 19.64 and a beta of 1.05. The company’s fifty day moving average price is $196.47 and its 200-day moving average price is $197.51.

Institutional Trading of iShares Global Consumer Discretionary ETF

A hedge fund recently raised its stake in iShares Global Consumer Discretionary ETF stock. Integrated Wealth Concepts LLC grew its position in iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) by 31.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,382 shares of the company’s stock after purchasing an additional 574 shares during the period. Integrated Wealth Concepts LLC owned approximately 0.18% of iShares Global Consumer Discretionary ETF worth $423,000 at the end of the most recent quarter.

iShares Global Consumer Discretionary ETF Company Profile

iShares Global Consumer Discretionary ETF (the Fund), formerly iShares S&P Global Consumer Discretionary Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global 1200 Consumer Discretionary Sector Index (the Index). The Index measures the performance of companies that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P) deems to be part of the consumer discretionary sector of the economy and that S&P believes are important to global markets.