Fisher Asset Management LLC Sells 242,043 Shares of iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK)

Fisher Asset Management LLC trimmed its position in iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,753,929 shares of the company’s stock after selling 242,043 shares during the period. Fisher Asset Management LLC owned approximately 13.75% of iShares MSCI Global Metals & Mining Producers ETF worth $131,350,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Strategic Advocates LLC raised its holdings in iShares MSCI Global Metals & Mining Producers ETF by 18.5% during the fourth quarter. Strategic Advocates LLC now owns 38,146 shares of the company’s stock worth $1,335,000 after acquiring an additional 5,948 shares in the last quarter. Erste Asset Management GmbH acquired a new position in iShares MSCI Global Metals & Mining Producers ETF during the third quarter worth approximately $296,000. JPMorgan Chase & Co. increased its position in iShares MSCI Global Metals & Mining Producers ETF by 49.0% during the third quarter. JPMorgan Chase & Co. now owns 5,438 shares of the company’s stock worth $235,000 after buying an additional 1,788 shares during the last quarter. Finally, Resolute Advisors LLC acquired a new position in iShares MSCI Global Metals & Mining Producers ETF during the third quarter worth approximately $229,000.

iShares MSCI Global Metals & Mining Producers ETF Trading Up 0.8 %

iShares MSCI Global Metals & Mining Producers ETF stock opened at $35.78 on Friday. iShares MSCI Global Metals & Mining Producers ETF has a 12 month low of $25.02 and a 12 month high of $37.91. The stock’s 50 day moving average is $36.01 and its 200-day moving average is $38.41. The company has a market capitalization of $731.60 million, a price-to-earnings ratio of 13.64 and a beta of 1.17.

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.