iShares Global Materials ETF (NYSEARCA:MXI) Position Trimmed by First Bancorp Inc ME

First Bancorp Inc ME trimmed its holdings in shares of iShares Global Materials ETF (NYSEARCA:MXI) by 3.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,370 shares of the company’s stock after selling 160 shares during the period. First Bancorp Inc ME owned about 0.15% of iShares Global Materials ETF worth $340,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of iShares Global Materials ETF by 160.2% during the 3rd quarter. FMR LLC now owns 601 shares of the company’s stock valued at $56,000 after purchasing an additional 370 shares in the last quarter. Patriot Investment Management Group Inc. bought a new position in shares of iShares Global Materials ETF during the 3rd quarter valued at $214,000. Tyler Stone Wealth Management raised its holdings in iShares Global Materials ETF by 100.1% in the 3rd quarter. Tyler Stone Wealth Management now owns 2,607 shares of the company’s stock worth $243,000 after acquiring an additional 1,304 shares during the period. Park Avenue Securities LLC bought a new position in iShares Global Materials ETF in the 4th quarter worth $351,000. Finally, Creative Planning raised its holdings in iShares Global Materials ETF by 21.4% in the 2nd quarter. Creative Planning now owns 7,988 shares of the company’s stock worth $678,000 after acquiring an additional 1,408 shares during the period.

iShares Global Materials ETF Price Performance

Shares of MXI opened at $82.13 on Friday. The company has a market capitalization of $238.18 million, a PE ratio of 10.97 and a beta of 0.95. The company’s fifty day moving average price is $81.64 and its 200 day moving average price is $85.65. iShares Global Materials ETF has a one year low of $77.02 and a one year high of $94.38.

iShares Global Materials ETF 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).