Ameritas Advisory Services LLC Trims Stake in iShares Global Materials ETF (NYSEARCA:MXI)

Ameritas Advisory Services LLC lowered its stake in shares of iShares Global Materials ETF (NYSEARCA:MXI) by 46.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,711 shares of the company’s stock after selling 26,073 shares during the quarter. Ameritas Advisory Services LLC owned about 1.02% of iShares Global Materials ETF worth $2,309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of MXI. Susquehanna International Group LLP increased its position in shares of iShares Global Materials ETF by 2.7% during the second quarter. Susquehanna International Group LLP now owns 46,603 shares of the company’s stock valued at $3,958,000 after buying an additional 1,231 shares during the period. Creative Planning increased its position in shares of iShares Global Materials ETF by 21.4% during the second quarter. Creative Planning now owns 7,988 shares of the company’s stock valued at $678,000 after buying an additional 1,408 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Global Materials ETF by 1.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,735 shares of the company’s stock valued at $1,761,000 after buying an additional 244 shares during the period. Pathway Financial Advisors LLC increased its position in shares of iShares Global Materials ETF by 2.7% during the third quarter. Pathway Financial Advisors LLC now owns 132,199 shares of the company’s stock valued at $12,328,000 after buying an additional 3,429 shares during the period. Finally, Sinecera Capital LLC increased its position in shares of iShares Global Materials ETF by 6.0% during the third quarter. Sinecera Capital LLC now owns 41,053 shares of the company’s stock valued at $3,828,000 after buying an additional 2,326 shares during the period.

iShares Global Materials ETF Stock Performance

Shares of MXI opened at $80.82 on Monday. The stock has a market cap of $234.38 million, a PE ratio of 10.97 and a beta of 0.95. iShares Global Materials ETF has a fifty-two week low of $77.02 and a fifty-two week high of $94.38. The firm’s 50-day simple moving average is $81.97 and its two-hundred day simple moving average is $85.81.

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).