iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) Sets New 52-Week High at $38.45

Shares of iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) hit a new 52-week high during trading on Friday . The stock traded as high as $38.45 and last traded at $38.23, with a volume of 126511 shares trading hands. The stock had previously closed at $37.62.

iShares MSCI Global Metals & Mining Producers ETF Trading Up 1.6 %

The stock has a market capitalization of $1.04 billion, a P/E ratio of 7.40 and a beta of 1.12. The firm’s fifty day moving average is $39.07 and its 200-day moving average is $41.09.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NBC Securities Inc. lifted its holdings in iShares MSCI Global Metals & Mining Producers ETF by 140.9% during the 4th quarter. NBC Securities Inc. now owns 843 shares of the company’s stock worth $36,000 after buying an additional 493 shares in the last quarter. Resolute Advisors LLC boosted its holdings in iShares MSCI Global Metals & Mining Producers ETF by 5.7% in the fourth quarter. Resolute Advisors LLC now owns 6,173 shares of the company’s stock valued at $266,000 after acquiring an additional 334 shares during the last quarter. Heritage Wealth Advisors acquired a new stake in iShares MSCI Global Metals & Mining Producers ETF in the fourth quarter worth about $1,094,000. Strategic Advocates LLC raised its holdings in iShares MSCI Global Metals & Mining Producers ETF by 12.2% during the 1st quarter. Strategic Advocates LLC now owns 29,811 shares of the company’s stock worth $1,243,000 after purchasing an additional 3,236 shares during the last quarter. Finally, Leuthold Group LLC lifted its position in iShares MSCI Global Metals & Mining Producers ETF by 4.0% during the 1st 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.

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.