Envestnet Asset Management Inc. Cuts Position in iShares Global Consumer Staples ETF $KXI

Envestnet Asset Management Inc. trimmed its position in shares of iShares Global Consumer Staples ETF (NYSEARCA:KXI) by 29.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,555 shares of the company’s stock after selling 21,330 shares during the period. Envestnet Asset Management Inc. owned approximately 0.37% of iShares Global Consumer Staples ETF worth $3,254,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of KXI. Cetera Investment Advisers boosted its holdings in iShares Global Consumer Staples ETF by 168.2% during the 2nd quarter. Cetera Investment Advisers now owns 16,135 shares of the company’s stock valued at $1,055,000 after acquiring an additional 10,119 shares during the period. Fisher Asset Management LLC increased its stake in iShares Global Consumer Staples ETF by 31.5% during the second quarter. Fisher Asset Management LLC now owns 4,505,566 shares of the company’s stock worth $294,574,000 after purchasing an additional 1,077,977 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of iShares Global Consumer Staples ETF during the second quarter worth about $10,338,000. KCM Investment Advisors LLC purchased a new position in shares of iShares Global Consumer Staples ETF in the second quarter valued at approximately $258,000. Finally, Laurel Wealth Advisors LLC grew its holdings in shares of iShares Global Consumer Staples ETF by 6,438.3% in the second quarter. Laurel Wealth Advisors LLC now owns 3,923 shares of the company’s stock valued at $256,000 after purchasing an additional 3,863 shares in the last quarter.

iShares Global Consumer Staples ETF Stock Up 0.7%

Shares of KXI opened at $73.39 on Wednesday. The company has a market cap of $1.03 billion, a P/E ratio of 23.27 and a beta of 0.55. iShares Global Consumer Staples ETF has a fifty-two week low of $60.24 and a fifty-two week high of $73.65. The firm’s 50 day moving average price is $67.86 and its 200 day moving average price is $66.07.

iShares Global Consumer Staples ETF Company Profile

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. Components primarily include consumer discretionary, consumer goods and consumer staples companies. The Index includes manufacturers and distributors of food, producers of non-durable household goods, and food and drug retailing companies.