J. Safra Sarasin Holding AG Takes Position in iShares Global Consumer Staples ETF $KXI

J. Safra Sarasin Holding AG bought a new stake in iShares Global Consumer Staples ETF (NYSEARCA:KXI) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 5,000 shares of the company’s stock, valued at approximately $327,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Truist Financial Corp raised its holdings in shares of iShares Global Consumer Staples ETF by 1.1% in the 2nd quarter. Truist Financial Corp now owns 56,703 shares of the company’s stock valued at $3,707,000 after purchasing an additional 624 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of iShares Global Consumer Staples ETF by 20.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 4,250 shares of the company’s stock valued at $278,000 after purchasing an additional 719 shares during the period. ORG Partners LLC bought a new stake in shares of iShares Global Consumer Staples ETF in the 2nd quarter valued at about $43,000. CX Institutional raised its holdings in shares of iShares Global Consumer Staples ETF by 53,744.4% in the 2nd quarter. CX Institutional now owns 4,846 shares of the company’s stock valued at $317,000 after purchasing an additional 4,837 shares during the period. Finally, Perigon Wealth Management LLC bought a new stake in shares of iShares Global Consumer Staples ETF in the 2nd quarter valued at about $939,000.

iShares Global Consumer Staples ETF Stock Performance

Shares of KXI stock opened at $64.02 on Friday. The firm’s 50-day moving average is $65.30 and its 200-day moving average is $65.22. The stock has a market cap of $854.67 million, a price-to-earnings ratio of 23.27 and a beta of 0.58. iShares Global Consumer Staples ETF has a 52-week low of $58.34 and a 52-week high of $67.63.

About iShares Global Consumer Staples ETF

iShares Global Consumer Staples ETF (the Fund), formerly The iShares S&P Global Consumer Staples Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond to the price and yield performance of the S&P Global 1200 Consumer Staples Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index.