Principia Wealth Advisory LLC Has $2.80 Million Stake in iShares MSCI Global Metals & Mining Producers ETF $PICK

Principia Wealth Advisory LLC reduced its holdings in iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) by 14.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 48,196 shares of the company’s stock after selling 8,086 shares during the quarter. iShares MSCI Global Metals & Mining Producers ETF comprises 0.6% of Principia Wealth Advisory LLC’s holdings, making the stock its 22nd largest holding. Principia Wealth Advisory LLC owned 0.24% of iShares MSCI Global Metals & Mining Producers ETF worth $2,802,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Vestor Capital LLC purchased a new position in iShares MSCI Global Metals & Mining Producers ETF during the first quarter worth about $11,714,000. Allied Investment Advisors LLC bought a new position in shares of iShares MSCI Global Metals & Mining Producers ETF during the 4th quarter valued at approximately $3,613,000. CoreCap Advisors LLC increased its stake in shares of iShares MSCI Global Metals & Mining Producers ETF by 36.3% during the 2nd quarter. CoreCap Advisors LLC now owns 81,242 shares of the company’s stock worth $4,724,000 after purchasing an additional 21,628 shares during the last quarter. Leuthold Group LLC purchased a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF during the 4th quarter worth approximately $936,000. Finally, Confluence Investment Management LLC increased its stake in shares of iShares MSCI Global Metals & Mining Producers ETF by 5.7% during the 2nd quarter. Confluence Investment Management LLC now owns 152,199 shares of the company’s stock worth $8,850,000 after purchasing an additional 8,227 shares during the last quarter.

iShares MSCI Global Metals & Mining Producers ETF Stock Performance

BATS:PICK opened at $65.06 on Monday. iShares MSCI Global Metals & Mining Producers ETF has a 12 month low of $41.42 and a 12 month high of $69.02. The firm’s 50 day moving average is $60.80 and its 200 day moving average is $61.07. The stock has a market capitalization of $1.30 billion, a PE ratio of 13.28 and a beta of 1.08.

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.