Ameritas Advisory Services LLC Reduces Stock Position in iShares Global Materials ETF (NYSEARCA:MXI)

Ameritas Advisory Services LLC cut its holdings in shares of iShares Global Materials ETF (NYSEARCA:MXI) by 29.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,784 shares of the company’s stock after selling 23,008 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares Global Materials ETF were worth $5,202,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares Global Materials ETF by 1.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,735 shares of the company’s stock valued at $1,761,000 after acquiring an additional 244 shares during the last quarter. CWM LLC increased its holdings in shares of iShares Global Materials ETF by 121.9% in the 2nd quarter. CWM LLC now owns 466 shares of the company’s stock valued at $40,000 after acquiring an additional 256 shares during the last quarter. Pathway Financial Advisors LLC increased its holdings in shares of iShares Global Materials ETF by 0.6% in the 2nd quarter. Pathway Financial Advisors LLC now owns 128,770 shares of the company’s stock valued at $10,936,000 after acquiring an additional 722 shares during the last quarter. Sinecera Capital LLC increased its holdings in shares of iShares Global Materials ETF by 1.9% in the 2nd quarter. Sinecera Capital LLC now owns 38,727 shares of the company’s stock valued at $3,323,000 after acquiring an additional 727 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC increased its holdings in shares of iShares Global Materials ETF by 9.9% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 11,441 shares of the company’s stock valued at $1,067,000 after acquiring an additional 1,028 shares during the last quarter.

iShares Global Materials ETF Stock Performance

Shares of NYSEARCA MXI traded up $0.24 during trading on Tuesday, reaching $87.88. The stock had a trading volume of 4,966 shares, compared to its average volume of 8,499. iShares Global Materials ETF has a one year low of $77.16 and a one year high of $94.38. The stock has a market cap of $254.85 million, a PE ratio of 10.97 and a beta of 0.95. The firm’s 50 day moving average price is $89.30 and its two-hundred day moving average price is $87.83.

iShares Global Materials ETF Company Profile

iShares Global Materials ETF, formerly iShares S&P Global Materials Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global Materials Sector Index (the Index).