iShares Global Consumer Staples ETF (KXI) Stake Lessened by BlackRock Inc.

BlackRock Inc. cut its holdings in iShares Global Consumer Staples ETF (NYSEARCA:KXI) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,613,303 shares of the company’s stock after selling 48,179 shares during the period. BlackRock Inc. owned 11.01% of iShares Global Consumer Staples ETF worth $74,164,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. W.E. Donoghue & Co. LLC purchased a new position in iShares Global Consumer Staples ETF in the fourth quarter valued at $22,390,000. Pictet Asset Management Ltd. boosted its stake in shares of iShares Global Consumer Staples ETF by 521.0% during the third quarter. Pictet Asset Management Ltd. now owns 394,350 shares of the company’s stock worth $19,816,000 after buying an additional 330,850 shares during the period. Fisher Asset Management LLC boosted its stake in shares of iShares Global Consumer Staples ETF by 491.2% during the fourth quarter. Fisher Asset Management LLC now owns 329,942 shares of the company’s stock worth $15,167,000 after buying an additional 274,133 shares during the period. LPL Financial LLC boosted its stake in shares of iShares Global Consumer Staples ETF by 62.9% during the fourth quarter. LPL Financial LLC now owns 177,956 shares of the company’s stock worth $8,181,000 after buying an additional 68,743 shares during the period. Finally, Citadel Advisors LLC acquired a new stake in shares of iShares Global Consumer Staples ETF during the third quarter worth about $5,088,000.

NYSEARCA KXI traded down $0.02 during trading hours on Wednesday, hitting $51.85. 234,894 shares of the stock were exchanged, compared to its average volume of 171,211. iShares Global Consumer Staples ETF has a 12-month low of $44.30 and a 12-month high of $52.02.

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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.

Read More: Return on Investment (ROI)

Institutional Ownership by Quarter for iShares Global Consumer Staples ETF (NYSEARCA:KXI)

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