iShares Global Industrials ETF (NYSEARCA:EXI) Hits New 52-Week High – Still a Buy?

iShares Global Industrials ETF (NYSEARCA:EXI)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $204.18 and last traded at $202.97, with a volume of 7650 shares. The stock had previously closed at $200.79.

iShares Global Industrials ETF Stock Performance

The firm has a market capitalization of $1.48 billion, a P/E ratio of 22.01 and a beta of 0.98. The firm has a 50 day moving average price of $196.91 and a two-hundred day moving average price of $193.29.

Institutional Trading of iShares Global Industrials ETF

A number of hedge funds have recently made changes to their positions in EXI. HighTower Advisors LLC lifted its position in iShares Global Industrials ETF by 2,289.1% in the 4th quarter. HighTower Advisors LLC now owns 115,587 shares of the company’s stock worth $20,267,000 after buying an additional 110,749 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of iShares Global Industrials ETF by 14.8% during the fourth quarter. Fisher Asset Management LLC now owns 2,497,916 shares of the company’s stock worth $437,985,000 after acquiring an additional 322,897 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Global Industrials ETF by 18,400.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 22,756 shares of the company’s stock worth $3,990,000 after acquiring an additional 22,633 shares in the last quarter. Private Capital Advisors Inc. acquired a new stake in iShares Global Industrials ETF during the fourth quarter valued at $517,000. Finally, Commonwealth Equity Services LLC grew its stake in iShares Global Industrials ETF by 707.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 25,704 shares of the company’s stock valued at $4,507,000 after purchasing an additional 22,522 shares in the last quarter.

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.