iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) Reaches New 12-Month High at $43.65

Shares of iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) hit a new 52-week high on Tuesday . The stock traded as high as $43.65 and last traded at $43.48, with a volume of 243617 shares. The stock had previously closed at $43.21.

iShares MSCI Global Metals & Mining Producers ETF Price Performance

The company has a 50 day moving average price of $38.82 and a two-hundred day moving average price of $41.16. The stock has a market cap of $1.19 billion, a PE ratio of 7.40 and a beta of 1.12.

Hedge Funds Weigh In On iShares MSCI Global Metals & Mining Producers ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Family Firm Inc. grew its stake in iShares MSCI Global Metals & Mining Producers ETF by 11.9% in the second quarter. Family Firm Inc. now owns 32,041 shares of the company’s stock valued at $1,308,000 after purchasing an additional 3,413 shares during the last quarter. Strategic Advocates LLC lifted its stake in shares of iShares MSCI Global Metals & Mining Producers ETF by 13.3% in the 2nd quarter. Strategic Advocates LLC now owns 33,762 shares of the company’s stock valued at $1,379,000 after purchasing an additional 3,951 shares during the period. City State Bank acquired a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF during the 2nd quarter valued at about $33,000. OLD Mission Capital LLC raised its stake in shares of iShares MSCI Global Metals & Mining Producers ETF by 814.4% during the 1st quarter. OLD Mission Capital LLC now owns 500,139 shares of the company’s stock worth $20,856,000 after buying an additional 445,441 shares during the period. Finally, Leuthold Group LLC grew its position in shares of iShares MSCI Global Metals & Mining Producers ETF by 4.0% in the first quarter. Leuthold Group LLC now owns 14,531 shares of the company’s stock valued at $606,000 after purchasing an additional 555 shares during the period.

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.