iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) Reaches New 52-Week High at $39.95

Shares of iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) hit a new 52-week high during trading on Monday . The stock traded as high as $39.95 and last traded at $39.53, with a volume of 88816 shares trading hands. The stock had previously closed at $39.93.

iShares MSCI Global Metals & Mining Producers ETF Trading Down 1.2 %

The firm has a market cap of $1.08 billion, a price-to-earnings ratio of 7.40 and a beta of 1.12. The company has a 50 day moving average of $41.90 and a 200 day moving average of $41.54.

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

Several institutional investors have recently made changes to their positions in PICK. City State Bank purchased a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF in the second quarter worth $33,000. NBC Securities Inc. raised its position in shares of iShares MSCI Global Metals & Mining Producers ETF by 140.9% in the fourth 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 raised its position in shares of 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 worth $266,000 after buying an additional 334 shares in the last quarter. Leuthold Group LLC raised its position in shares of iShares MSCI Global Metals & Mining Producers ETF by 9.8% in the fourth quarter. Leuthold Group LLC now owns 13,976 shares of the company’s stock worth $602,000 after buying an additional 1,249 shares in the last quarter. Finally, Heritage Wealth Advisors purchased a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF in the fourth quarter worth $1,094,000.

iShares MSCI Global Metals & Mining Producers ETF Company Profile

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.