iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) Stock Price Down 1.2% – Here’s What Happened

Shares of iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) traded down 1.2% during mid-day trading on Monday . The stock traded as low as $186.33 and last traded at $186.96. 6,808 shares changed hands during mid-day trading, an increase of 35% from the average session volume of 5,039 shares. The stock had previously closed at $189.15.

iShares Global Consumer Discretionary ETF Price Performance

The company has a market capitalization of $252.40 million, a P/E ratio of 20.44 and a beta of 1.11. The firm has a fifty day moving average price of $188.94 and a 200-day moving average price of $180.19.

Hedge Funds Weigh In On iShares Global Consumer Discretionary ETF

Several institutional investors have recently modified their holdings of the business. Strengthening Families & Communities LLC grew its holdings in iShares Global Consumer Discretionary ETF by 24.2% during the third quarter. Strengthening Families & Communities LLC now owns 544 shares of the company’s stock valued at $97,000 after purchasing an additional 106 shares during the period. Whittier Trust Co. bought a new position in iShares Global Consumer Discretionary ETF during the fourth quarter valued at $120,000. Vista Capital Partners Inc. bought a new position in iShares Global Consumer Discretionary ETF during the third quarter valued at $215,000. Jones Financial Companies Lllp boosted its holdings in shares of iShares Global Consumer Discretionary ETF by 47.8% in the fourth quarter. Jones Financial Companies Lllp now owns 1,716 shares of the company’s stock worth $316,000 after acquiring an additional 555 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its holdings in shares of iShares Global Consumer Discretionary ETF by 4.7% in the fourth quarter. Integrated Wealth Concepts LLC now owns 1,808 shares of the company’s stock worth $333,000 after acquiring an additional 81 shares during the period.

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).