iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) Sets New 1-Year High at $37.99

iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $37.99 and last traded at $37.01, with a volume of 604641 shares traded. The stock had previously closed at $37.23.

iShares MSCI Global Metals & Mining Producers ETF Price Performance

The firm’s 50 day moving average price is $41.02 and its two-hundred day moving average price is $41.46. The stock has a market cap of $1.01 billion, a PE ratio of 7.40 and a beta of 1.12.

Institutional Trading of iShares MSCI Global Metals & Mining Producers ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. OLD Mission Capital LLC increased its holdings in shares of iShares MSCI Global Metals & Mining Producers ETF by 814.4% in the first quarter. OLD Mission Capital LLC now owns 500,139 shares of the company’s stock worth $20,856,000 after purchasing an additional 445,441 shares during the period. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in shares of iShares MSCI Global Metals & Mining Producers ETF by 5.1% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 121,053 shares of the company’s stock valued at $5,207,000 after acquiring an additional 5,900 shares in the last quarter. Van ECK Associates Corp boosted its position in shares of iShares MSCI Global Metals & Mining Producers ETF by 19.5% during the 4th quarter. Van ECK Associates Corp now owns 60,292 shares of the company’s stock valued at $2,597,000 after acquiring an additional 9,856 shares during the last quarter. Essex Financial Services Inc. purchased a new position in shares of iShares MSCI Global Metals & Mining Producers ETF during the fourth quarter worth about $1,984,000. Finally, Strategic Advocates LLC increased its position in shares of iShares MSCI Global Metals & Mining Producers ETF by 13.3% in the second quarter. Strategic Advocates LLC now owns 33,762 shares of the company’s stock worth $1,379,000 after purchasing an additional 3,951 shares during the last quarter.

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.