iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) Reaches New 12-Month High – Here’s What Happened

iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) reached a new 52-week high during trading on Monday . The company traded as high as $38.82 and last traded at $39.18, with a volume of 100493 shares. The stock had previously closed at $38.35.

iShares MSCI Global Metals & Mining Producers ETF Stock Up 0.1 %

The firm has a fifty day moving average price of $40.77 and a two-hundred day moving average price of $40.84. The stock has a market capitalization of $1.07 billion, a P/E ratio of 7.40 and a beta of 1.12.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in PICK. OLD Mission Capital LLC grew its stake in shares of iShares MSCI Global Metals & Mining Producers ETF by 814.4% during the 1st quarter. OLD Mission Capital LLC now owns 500,139 shares of the company’s stock valued at $20,856,000 after purchasing an additional 445,441 shares during the period. City State Bank purchased a new stake in iShares MSCI Global Metals & Mining Producers ETF during the second quarter valued at approximately $33,000. Strategic Advocates LLC raised its position in iShares MSCI Global Metals & Mining Producers ETF by 13.3% in the second quarter. Strategic Advocates LLC now owns 33,762 shares of the company’s stock worth $1,379,000 after acquiring an additional 3,951 shares during the period. Family Firm Inc. boosted its stake in shares of iShares MSCI Global Metals & Mining Producers ETF by 11.9% during the 2nd quarter. Family Firm Inc. now owns 32,041 shares of the company’s stock worth $1,308,000 after acquiring an additional 3,413 shares during the last quarter. Finally, Resolute Advisors LLC bought a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF during the 3rd quarter valued at $229,000.

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.