iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) Trading Up 1.6% – Here’s What Happened

iShares Global Consumer Discretionary ETF (NYSEARCA:RXI)’s stock price shot up 1.6% during mid-day trading on Friday . The company traded as high as $185.44 and last traded at $185.44. 96,269 shares were traded during mid-day trading, an increase of 84% from the average session volume of 52,434 shares. The stock had previously closed at $182.51.

iShares Global Consumer Discretionary ETF Stock Up 1.6 %

The firm has a fifty day moving average of $183.21 and a 200-day moving average of $171.88. The firm has a market cap of $296.70 million, a P/E ratio of 20.95 and a beta of 1.15.

Hedge Funds Weigh In On iShares Global Consumer Discretionary ETF

A number of institutional investors have recently added to or reduced their stakes in RXI. Strengthening Families & Communities LLC boosted its stake in shares of iShares Global Consumer Discretionary ETF by 24.2% during the 3rd quarter. Strengthening Families & Communities LLC now owns 544 shares of the company’s stock worth $97,000 after acquiring an additional 106 shares during the period. Toronto Dominion Bank bought a new stake in iShares Global Consumer Discretionary ETF in the 2nd quarter valued at $101,000. Vista Capital Partners Inc. acquired a new stake in iShares Global Consumer Discretionary ETF during the 3rd quarter valued at $215,000. Greenleaf Trust bought a new position in iShares Global Consumer Discretionary ETF during the third quarter worth $218,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of iShares Global Consumer Discretionary ETF in the third quarter valued at $2,165,000.

About iShares Global Consumer Discretionary ETF

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).