iShares MSCI Global Metals & Mining Producers ETF $PICK Shares Newly Bought by Confluence Investment Management LLC

Confluence Investment Management LLC purchased a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) during the 3rd quarter, HoldingsChannel.com reports. The firm purchased 148,265 shares of the company’s stock, valued at approximately $8,890,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CoreCap Advisors LLC grew its stake in iShares MSCI Global Metals & Mining Producers ETF by 36.3% during the second quarter. CoreCap Advisors LLC now owns 81,242 shares of the company’s stock valued at $4,724,000 after acquiring an additional 21,628 shares in the last quarter. Parallel Advisors LLC increased its position 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 purchasing an additional 408 shares during the last quarter. Vestor Capital LLC bought a new stake in iShares MSCI Global Metals & Mining Producers ETF during the first quarter valued at approximately $11,714,000. Sunbelt Securities Inc. lifted its position in iShares MSCI Global Metals & Mining Producers ETF by 104.0% during the first quarter. Sunbelt Securities Inc. now owns 1,334 shares of the company’s stock valued at $75,000 after purchasing an additional 680 shares during the last quarter. Finally, RMG Wealth Management LLC bought a new position in shares of iShares MSCI Global Metals & Mining Producers ETF in the 1st quarter worth $59,000.

iShares MSCI Global Metals & Mining Producers ETF Price Performance

PICK stock traded down $0.91 during mid-day trading on Thursday, hitting $59.05. 536,053 shares of the stock were exchanged, compared to its average volume of 779,797. The business has a fifty day moving average price of $62.57 and a 200 day moving average price of $61.25. iShares MSCI Global Metals & Mining Producers ETF has a 12 month low of $44.06 and a 12 month high of $69.02. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 13.28 and a beta of 1.08.

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.