iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) Trading Down 1.6%

Shares of iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) fell 1.6% during trading on Tuesday . The stock traded as low as $163.65 and last traded at $163.84. 8,967 shares changed hands during trading, an increase of 1% from the average session volume of 8,880 shares. The stock had previously closed at $166.58.

iShares Global Consumer Discretionary ETF Stock Down 1.6 %

The firm has a market capitalization of $368.64 million, a price-to-earnings ratio of 15.77 and a beta of 1.08. The firm’s 50 day moving average is $162.65 and its 200 day moving average is $154.60.

Institutional Trading of iShares Global Consumer Discretionary ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its stake in iShares Global Consumer Discretionary ETF by 217.0% during the fourth quarter. JPMorgan Chase & Co. now owns 2,954 shares of the company’s stock valued at $373,000 after purchasing an additional 2,022 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of iShares Global Consumer Discretionary ETF in the 1st quarter valued at approximately $406,000. Finally, Fisher Asset Management LLC lifted its position in shares of iShares Global Consumer Discretionary ETF by 61.8% in the 4th quarter. Fisher Asset Management LLC now owns 3,764 shares of the company’s stock valued at $599,000 after acquiring an additional 1,437 shares in the last quarter.

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).