iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) Hits New 12-Month High at $42.48

iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $42.48 and last traded at $42.12, with a volume of 65457 shares traded. The stock had previously closed at $42.49.

iShares MSCI Global Metals & Mining Producers ETF Stock Performance

The firm has a market cap of $1.13 billion, a P/E ratio of 7.40 and a beta of 1.12. The business’s 50-day simple moving average is $42.61 and its 200 day simple moving average is $41.66.

Institutional Investors Weigh In On iShares MSCI Global Metals & Mining Producers ETF

Several hedge funds and other institutional investors have recently modified their holdings of PICK. City State Bank purchased a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF in the 2nd quarter worth $33,000. NBC Securities Inc. increased its stake in shares of 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 worth $36,000 after purchasing an additional 493 shares in the last quarter. Resolute Advisors LLC increased its stake in shares of 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 worth $266,000 after purchasing an additional 334 shares in the last quarter. Leuthold Group LLC increased its stake in shares of iShares MSCI Global Metals & Mining Producers ETF by 9.8% in 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. Finally, Heritage Wealth Advisors bought a new position in iShares MSCI Global Metals & Mining Producers ETF in the 4th quarter worth $1,094,000.

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.