Belpointe Asset Management LLC Takes $44,000 Position in iShares Global Consumer Staples ETF (NYSEARCA:KXI)

Belpointe Asset Management LLC bought a new stake in shares of iShares Global Consumer Staples ETF (NYSEARCA:KXI – Get Rating) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 742 shares of the company’s stock, valued at approximately $44,000.

A number of other hedge funds have also recently modified their holdings of KXI. BlackRock Inc. grew its stake in iShares Global Consumer Staples ETF by 20.7% in the first quarter. BlackRock Inc. now owns 2,148,441 shares of the company’s stock worth $133,439,000 after purchasing an additional 368,365 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in iShares Global Consumer Staples ETF by 60.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 465,168 shares of the company’s stock worth $27,743,000 after purchasing an additional 175,626 shares in the last quarter. Jane Street Group LLC bought a new position in iShares Global Consumer Staples ETF in the third quarter worth approximately $7,901,000. Bank of Montreal Can grew its stake in iShares Global Consumer Staples ETF by 14,214.9% in the third quarter. Bank of Montreal Can now owns 114,519 shares of the company’s stock worth $6,517,000 after purchasing an additional 113,719 shares in the last quarter. Finally, Bessemer Group Inc. grew its position in iShares Global Consumer Staples ETF by 156.7% during the 3rd quarter. Bessemer Group Inc. now owns 67,279 shares of the company’s stock worth $3,606,000 after purchasing an additional 41,072 shares during the period.

iShares Global Consumer Staples ETF Stock Performance

Shares of KXI opened at $61.45 on Thursday. The business’s 50-day moving average is $62.63 and its two-hundred day moving average is $60.82. The company has a market capitalization of $1.53 billion, a P/E ratio of 21.43 and a beta of 0.58. iShares Global Consumer Staples ETF has a fifty-two week low of $52.79 and a fifty-two week high of $64.74.

iShares Global Consumer Staples ETF Profile

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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.