iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) Sets New 52-Week High at $38.24

iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $38.24 and last traded at $37.28, with a volume of 236748 shares changing hands. The stock had previously closed at $39.16.

iShares MSCI Global Metals & Mining Producers ETF Stock Down 4.8 %

The stock has a 50 day simple moving average of $39.75 and a 200 day simple moving average of $41.28. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 7.40 and a beta of 1.12.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. OLD Mission Capital LLC lifted its holdings in shares of iShares MSCI Global Metals & Mining Producers ETF by 814.4% in the first 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 in the last quarter. Van ECK Associates Corp lifted its holdings in shares of iShares MSCI Global Metals & Mining Producers ETF by 19.5% in the fourth quarter. Van ECK Associates Corp now owns 60,292 shares of the company’s stock valued at $2,597,000 after purchasing an additional 9,856 shares in the last quarter. Strategic Advocates LLC lifted its holdings in shares of 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 valued at $1,379,000 after purchasing an additional 3,951 shares in the last quarter. Family Firm Inc. lifted its holdings in shares of iShares MSCI Global Metals & Mining Producers ETF by 11.9% in the second quarter. Family Firm Inc. now owns 32,041 shares of the company’s stock valued at $1,308,000 after purchasing an additional 3,413 shares in the last quarter. Finally, Heritage Wealth Advisors bought a new position in shares of iShares MSCI Global Metals & Mining Producers ETF in the fourth quarter valued at approximately $1,094,000.

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.