iShares Global Industrials ETF (NYSEARCA:EXI) Reaches New 1-Year High – Time to Buy?

iShares Global Industrials ETF (NYSEARCA:EXI)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $188.12 and last traded at $187.7150, with a volume of 11079 shares trading hands. The stock had previously closed at $186.38.

iShares Global Industrials ETF Stock Up 1.0%

The company has a 50-day moving average of $178.37 and a 200 day moving average of $173.31. The stock has a market capitalization of $1.09 billion, a PE ratio of 22.01 and a beta of 1.05.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Capital Investment Counsel Inc purchased a new position in iShares Global Industrials ETF during the fourth quarter worth about $43,000. Buttonwood Financial Group LLC purchased a new position in shares of iShares Global Industrials ETF during the 4th quarter worth approximately $1,789,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of iShares Global Industrials ETF during the 4th quarter worth approximately $237,000. Advisory Services Network LLC increased its holdings in iShares Global Industrials ETF by 7.2% in the 3rd quarter. Advisory Services Network LLC now owns 1,675 shares of the company’s stock valued at $289,000 after purchasing an additional 112 shares during the last quarter. Finally, Mariner LLC raised its position in iShares Global Industrials ETF by 5.2% in the third quarter. Mariner LLC now owns 4,147 shares of the company’s stock valued at $716,000 after purchasing an additional 205 shares during the period.

About iShares Global Industrials ETF

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.