iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) Hits New 52-Week High at $41.03

iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) reached a new 52-week high on Monday . The stock traded as high as $41.03 and last traded at $40.95, with a volume of 59195 shares changing hands. The stock had previously closed at $40.83.

iShares MSCI Global Metals & Mining Producers ETF Stock Performance

The company has a market cap of $1.12 billion, a price-to-earnings ratio of 7.40 and a beta of 1.12. The company has a fifty day moving average of $42.88 and a two-hundred day moving average of $41.74.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. NBC Securities Inc. increased its position in iShares MSCI Global Metals & Mining Producers ETF by 140.9% in the 4th quarter. NBC Securities Inc. now owns 843 shares of the company’s stock valued at $36,000 after buying an additional 493 shares in the last quarter. Resolute Advisors LLC increased its position in iShares MSCI Global Metals & Mining Producers ETF by 5.7% in the 4th quarter. Resolute Advisors LLC now owns 6,173 shares of the company’s stock valued at $266,000 after buying an additional 334 shares in the last quarter. Leuthold Group LLC increased its holdings in iShares MSCI Global Metals & Mining Producers ETF by 9.8% during the 4th quarter. Leuthold Group LLC now owns 13,976 shares of the company’s stock worth $602,000 after purchasing an additional 1,249 shares in the last quarter. Heritage Wealth Advisors bought a new stake in iShares MSCI Global Metals & Mining Producers ETF during the 4th quarter worth approximately $1,094,000. Finally, Strategic Advocates LLC increased its holdings in iShares MSCI Global Metals & Mining Producers ETF by 20.7% during the 4th quarter. Strategic Advocates LLC now owns 26,575 shares of the company’s stock worth $1,145,000 after purchasing an additional 4,549 shares in the last quarter.

iShares MSCI Global Metals & Mining Producers ETF Company 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.