iShares MSCI Global Gold Miners ETF $RING Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its position in shares of iShares MSCI Global Gold Miners ETF (NASDAQ:RING) by 2.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 241,776 shares of the exchange traded fund’s stock after selling 5,671 shares during the period. JPMorgan Chase & Co. owned 0.61% of iShares MSCI Global Gold Miners ETF worth $15,645,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of RING. Cloud Capital Management LLC purchased a new stake in shares of iShares MSCI Global Gold Miners ETF in the 3rd quarter valued at approximately $85,000. EverSource Wealth Advisors LLC acquired a new position in iShares MSCI Global Gold Miners ETF in the second quarter valued at approximately $100,000. Strategic Blueprint LLC grew its position in iShares MSCI Global Gold Miners ETF by 6.9% in the third quarter. Strategic Blueprint LLC now owns 5,843 shares of the exchange traded fund’s stock worth $378,000 after acquiring an additional 376 shares during the period. NewEdge Advisors LLC increased its stake in iShares MSCI Global Gold Miners ETF by 736.3% during the first quarter. NewEdge Advisors LLC now owns 11,290 shares of the exchange traded fund’s stock worth $433,000 after acquiring an additional 9,940 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC increased its stake in iShares MSCI Global Gold Miners ETF by 315.7% during the second quarter. GPS Wealth Strategies Group LLC now owns 16,919 shares of the exchange traded fund’s stock worth $741,000 after acquiring an additional 12,849 shares during the last quarter.

iShares MSCI Global Gold Miners ETF Stock Down 8.7%

Shares of iShares MSCI Global Gold Miners ETF stock opened at $90.42 on Wednesday. The firm has a market cap of $3.68 billion, a PE ratio of 19.24 and a beta of 0.50. iShares MSCI Global Gold Miners ETF has a 52 week low of $32.67 and a 52 week high of $100.41. The business’s fifty day simple moving average is $85.43 and its 200-day simple moving average is $71.17.

iShares MSCI Global Gold Miners ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.3775 per share. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 105.0%.

iShares MSCI Global Gold Miners ETF Profile

The iShares MSCI Global Gold Miners ETF (RING) is an exchange-traded fund that is based on the MSCI ACWI Select Gold Miners IMI index, a market-cap-weighted index of companies that generate revenue primarily from gold mining. RING was launched on Jan 31, 2012 and is managed by BlackRock.