iShares Global Consumer Discretionary ETF (NYSEARCA:RXI – Get Free Report) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 997 shares, a decline of 35.4% from the July 15th total of 1,543 shares. Based on an average daily trading volume, of 23,975 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are short sold.
iShares Global Consumer Discretionary ETF Trading Down 1.1%
Shares of RXI opened at $200.48 on Tuesday. The stock’s 50-day moving average price is $196.58 and its two-hundred day moving average price is $197.37. The stock has a market cap of $270.65 million, a P/E ratio of 19.64 and a beta of 1.05. iShares Global Consumer Discretionary ETF has a 1 year low of $180.68 and a 1 year high of $213.77.
Hedge Funds Weigh In On iShares Global Consumer Discretionary ETF
A hedge fund recently raised its stake in iShares Global Consumer Discretionary ETF stock. Bessemer Group Inc. lifted its stake in iShares Global Consumer Discretionary ETF (NYSEARCA:RXI – Free Report) by 110.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,525 shares of the company’s stock after acquiring an additional 3,942 shares during the quarter. Bessemer Group Inc. owned approximately 0.56% of iShares Global Consumer Discretionary ETF worth $1,403,000 as of its most recent SEC filing.
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.
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