Solstein Capital LLC Makes New Investment in iShares Global Materials ETF $MXI

Solstein Capital LLC bought a new stake in iShares Global Materials ETF (NYSEARCA:MXI) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,133 shares of the company’s stock, valued at approximately $967,000. Solstein Capital LLC owned approximately 0.29% of iShares Global Materials ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of MXI. Western Wealth Management LLC purchased a new stake in shares of iShares Global Materials ETF during the 1st quarter worth approximately $28,000. Trust Co. of Vermont acquired a new stake in shares of iShares Global Materials ETF in the 2nd quarter worth approximately $40,000. Northwestern Mutual Wealth Management Co. increased its stake in iShares Global Materials ETF by 45.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 663 shares of the company’s stock valued at $64,000 after purchasing an additional 206 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in iShares Global Materials ETF in the 4th quarter valued at approximately $74,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in iShares Global Materials ETF during the fourth quarter worth $79,000.

iShares Global Materials ETF Stock Performance

MXI opened at $115.45 on Tuesday. The business’s fifty day moving average is $109.03 and its two-hundred day moving average is $109.66. The company has a market cap of $369.44 million, a price-to-earnings ratio of 18.88 and a beta of 0.88. iShares Global Materials ETF has a one year low of $87.82 and a one year high of $118.51.

iShares Global Materials ETF Profile

iShares Global Materials ETF, formerly iShares S&P Global Materials Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global Materials Sector Index (the Index). The Index is a subset of the S&P Global 1200 Index and measures the performance of companies that S&P deems to be part of the materials sector of the economy. Component companies include those companies engaged in a wide variety of commodity-related manufacturing and mining activities.