Truist Financial Corp Has $2.38 Million Stake in iShares Global Consumer Staples ETF (NYSEARCA:KXI)

Truist Financial Corp grew its holdings in iShares Global Consumer Staples ETF (NYSEARCA:KXI) by 0.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 40,062 shares of the company’s stock after acquiring an additional 168 shares during the period. Truist Financial Corp’s holdings in iShares Global Consumer Staples ETF were worth $2,375,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Wetzel Investment Advisors Inc. acquired a new stake in shares of iShares Global Consumer Staples ETF in the fourth quarter valued at approximately $113,000. International Assets Investment Management LLC acquired a new stake in iShares Global Consumer Staples ETF during the 4th quarter worth approximately $562,000. Arlington Trust Co LLC acquired a new stake in iShares Global Consumer Staples ETF during the 4th quarter worth approximately $30,000. ICICI Prudential Asset Management Co Ltd lifted its holdings in iShares Global Consumer Staples ETF by 88.1% during the 4th quarter. ICICI Prudential Asset Management Co Ltd now owns 64,710 shares of the company’s stock worth $3,837,000 after purchasing an additional 30,300 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in iShares Global Consumer Staples ETF by 2.6% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 41,329 shares of the company’s stock worth $2,450,000 after purchasing an additional 1,033 shares during the last quarter.

iShares Global Consumer Staples ETF Trading Down 0.1 %

NYSEARCA:KXI opened at $61.19 on Thursday. The stock has a market cap of $871.96 million, a P/E ratio of 22.94 and a beta of 0.45. The stock has a 50 day simple moving average of $59.99 and a 200 day simple moving average of $59.15. iShares Global Consumer Staples ETF has a 1-year low of $54.72 and a 1-year high of $64.23.

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.