Raymond James & Associates Invests $245,000 in iShares Global Industrials ETF (NYSEARCA:EXI)

Raymond James & Associates acquired a new stake in iShares Global Industrials ETF (NYSEARCA:EXI) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,923 shares of the company’s stock, valued at approximately $245,000.

Several other institutional investors have also added to or reduced their stakes in the company. Advisors Preferred LLC acquired a new position in shares of iShares Global Industrials ETF during the 3rd quarter worth $40,000. Cambridge Investment Research Advisors Inc. bought a new position in iShares Global Industrials ETF in the third quarter valued at about $254,000. J.P. Morgan Private Wealth Advisors LLC bought a new position in shares of iShares Global Industrials ETF in the third quarter worth about $368,000. Oppenheimer Asset Management Inc. lifted its holdings in shares of iShares Global Industrials ETF by 7.8% in the third quarter. Oppenheimer Asset Management Inc. now owns 4,614 shares of the company’s stock worth $521,000 after acquiring an additional 332 shares during the last quarter. Finally, Baker Avenue Asset Management LP boosted its stake in shares of iShares Global Industrials ETF by 3.6% in the 3rd quarter. Baker Avenue Asset Management LP now owns 6,815 shares of the company’s stock valued at $770,000 after purchasing an additional 237 shares in the last quarter.

iShares Global Industrials ETF Price Performance

EXI stock opened at $136.62 on Tuesday. The stock has a market cap of $566.96 million, a price-to-earnings ratio of 20.85 and a beta of 0.89. The company has a 50 day simple moving average of $136.21 and a 200 day simple moving average of $126.62. iShares Global Industrials ETF has a 1 year low of $106.39 and a 1 year high of $140.09.

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.