Vestor Capital LLC Acquires New Shares in iShares MSCI Global Metals & Mining Producers ETF $PICK

Vestor Capital LLC bought a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 206,992 shares of the company’s stock, valued at approximately $11,714,000. Vestor Capital LLC owned about 1.03% of iShares MSCI Global Metals & Mining Producers ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PICK. Sunbelt Securities Inc. increased its holdings in iShares MSCI Global Metals & Mining Producers ETF by 77.7% in the 4th quarter. Sunbelt Securities Inc. now owns 654 shares of the company’s stock worth $34,000 after buying an additional 286 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of iShares MSCI Global Metals & Mining Producers ETF by 116.2% in the first quarter. Parallel Advisors LLC now owns 759 shares of the company’s stock worth $43,000 after acquiring an additional 408 shares during the period. RMG Wealth Management LLC bought a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF in the first quarter worth approximately $59,000. Everett Harris & Co. CA purchased a new position in shares of iShares MSCI Global Metals & Mining Producers ETF during the fourth quarter valued at approximately $205,000. Finally, Ethos Financial Group LLC bought a new position in iShares MSCI Global Metals & Mining Producers ETF during the fourth quarter valued at approximately $325,000.

iShares MSCI Global Metals & Mining Producers ETF Trading Up 3.6%

Shares of PICK stock opened at $59.56 on Friday. The stock has a market capitalization of $1.19 billion, a P/E ratio of 13.28 and a beta of 1.08. The firm’s 50 day moving average is $60.70 and its 200 day moving average is $60.20. iShares MSCI Global Metals & Mining Producers ETF has a 12-month low of $37.88 and a 12-month high of $69.02.

About iShares MSCI Global Metals & Mining Producers ETF

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.