Sunbelt Securities Inc. lowered its position in shares of iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK – Free Report) by 23.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,421 shares of the company’s stock after selling 1,662 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares MSCI Global Metals & Mining Producers ETF were worth $216,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Barometer Capital Management Inc. acquired a new position in iShares MSCI Global Metals & Mining Producers ETF in the third quarter valued at about $930,000. New York State Common Retirement Fund acquired a new position in iShares MSCI Global Metals & Mining Producers ETF in the third quarter valued at about $481,000. OVERSEA CHINESE BANKING Corp Ltd raised its stake in iShares MSCI Global Metals & Mining Producers ETF by 27.4% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 115,153 shares of the company’s stock valued at $4,578,000 after purchasing an additional 24,800 shares in the last quarter. Resolute Advisors LLC acquired a new position in iShares MSCI Global Metals & Mining Producers ETF in the third quarter valued at about $232,000. Finally, Flow Traders U.S. LLC acquired a new position in iShares MSCI Global Metals & Mining Producers ETF in the first quarter valued at about $3,462,000.
iShares MSCI Global Metals & Mining Producers ETF Stock Up 0.4 %
PICK stock opened at $40.47 on Friday. The company has a market cap of $1.53 billion, a PE ratio of 5.48 and a beta of 1.18. The business has a 50-day simple moving average of $40.04 and a 200 day simple moving average of $40.03. iShares MSCI Global Metals & Mining Producers ETF has a 52 week low of $25.02 and a 52 week high of $37.91.
iShares MSCI Global Metals & Mining Producers ETF Profile
The iShares MSCI Global Metals & Mining Producers ETF (PICK) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-cap-weighted index of global metals mining, extraction or production firms, excluding gold and silver mining firms. PICK was launched on Jan 31, 2012 and is managed by BlackRock.
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