Syon Capital LLC Sells 9,908 Shares of iShares MSCI Global Gold Miners ETF $RING

Syon Capital LLC lowered its position in shares of iShares MSCI Global Gold Miners ETF (NASDAQ:RING) by 5.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 164,673 shares of the exchange traded fund’s stock after selling 9,908 shares during the quarter. Syon Capital LLC owned approximately 0.40% of iShares MSCI Global Gold Miners ETF worth $12,126,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in RING. CoreCap Advisors LLC lifted its stake in shares of iShares MSCI Global Gold Miners ETF by 52.3% in the 4th quarter. CoreCap Advisors LLC now owns 492 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 169 shares during the period. EverSource Wealth Advisors LLC acquired a new position in shares of iShares MSCI Global Gold Miners ETF in the 2nd quarter valued at $100,000. Creative Financial Designs Inc. ADV lifted its stake in shares of iShares MSCI Global Gold Miners ETF by 7.7% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,500 shares of the exchange traded fund’s stock valued at $184,000 after purchasing an additional 178 shares during the period. Prism Advisors Inc. acquired a new position in shares of iShares MSCI Global Gold Miners ETF in the 4th quarter valued at $205,000. Finally, United Capital Financial Advisors LLC acquired a new position in shares of iShares MSCI Global Gold Miners ETF in the 3rd quarter valued at $285,000.

iShares MSCI Global Gold Miners ETF Stock Down 8.5%

RING stock opened at $68.65 on Friday. The business’s fifty day moving average is $79.16 and its 200-day moving average is $79.82. The company has a market cap of $2.59 billion, a P/E ratio of 19.24 and a beta of 0.57. iShares MSCI Global Gold Miners ETF has a twelve month low of $42.12 and a twelve month high of $100.41.

About iShares MSCI Global Gold Miners ETF

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.