GPS Wealth Strategies Group LLC Invests $156,000 in iShares MSCI Global Gold Miners ETF (NASDAQ:RING)

GPS Wealth Strategies Group LLC purchased a new position in shares of iShares MSCI Global Gold Miners ETF (NASDAQ:RING) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 4,070 shares of the exchange traded fund’s stock, valued at approximately $156,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RING. Jones Financial Companies Lllp increased its holdings in shares of iShares MSCI Global Gold Miners ETF by 28.0% during the 4th quarter. Jones Financial Companies Lllp now owns 9,880 shares of the exchange traded fund’s stock valued at $278,000 after acquiring an additional 2,162 shares during the last quarter. Wintrust Investments LLC bought a new position in shares of iShares MSCI Global Gold Miners ETF during the 4th quarter worth approximately $93,000. Family Firm Inc. lifted its position in shares of iShares MSCI Global Gold Miners ETF by 28.2% during the 4th quarter. Family Firm Inc. now owns 42,173 shares of the exchange traded fund’s stock worth $1,185,000 after buying an additional 9,276 shares during the period. JPMorgan Chase & Co. bought a new position in shares of iShares MSCI Global Gold Miners ETF during the 4th quarter worth approximately $6,052,000. Finally, Climber Capital SA bought a new position in shares of iShares MSCI Global Gold Miners ETF during the 4th quarter worth approximately $1,821,000.

iShares MSCI Global Gold Miners ETF Stock Performance

Shares of RING opened at $45.62 on Friday. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 18.62 and a beta of 0.75. The stock has a fifty day moving average price of $41.30 and a two-hundred day moving average price of $35.63. iShares MSCI Global Gold Miners ETF has a 52-week low of $26.33 and a 52-week high of $45.87.

iShares MSCI Global Gold Miners ETF Company Profile

The iShares MSCI Global Gold Miners ETF (RING) is an exchange-traded fund that is based on the MSCI ACWI Select Gold Miners IMI index, a market-cap-weighted index of companies that generate revenue primarily from gold mining. RING was launched on Jan 31, 2012 and is managed by BlackRock.