iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) Trading Down 0.1% – Should You Sell?

iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK)’s stock price were down 0.1% during trading on Monday . The company traded as low as $34.82 and last traded at $35.11. Approximately 185,240 shares changed hands during mid-day trading, The stock had previously closed at $35.15.

iShares MSCI Global Metals & Mining Producers ETF Trading Up 0.9 %

The stock has a fifty day simple moving average of $38.49 and a two-hundred day simple moving average of $39.51. The company has a market cap of $966.69 million, a PE ratio of 7.40 and a beta of 1.12.

Institutional Trading of iShares MSCI Global Metals & Mining Producers ETF

A number of institutional investors have recently added to or reduced their stakes in PICK. Resolute Advisors LLC purchased a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF in the third quarter valued at about $229,000. JPMorgan Chase & Co. lifted its stake in iShares MSCI Global Metals & Mining Producers ETF by 49.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,438 shares of the company’s stock valued at $235,000 after buying an additional 1,788 shares in the last quarter. Finally, Erste Asset Management GmbH acquired a new stake in iShares MSCI Global Metals & Mining Producers ETF during the 3rd quarter valued at $296,000.

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.