Ameritas Advisory Services LLC Purchases 5,079 Shares of iShares Global Materials ETF $MXI

Ameritas Advisory Services LLC boosted its position in shares of iShares Global Materials ETF (NYSEARCA:MXI) by 1,782.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,364 shares of the company’s stock after buying an additional 5,079 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares Global Materials ETF were worth $518,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. purchased a new position in iShares Global Materials ETF during the 4th quarter valued at $2,626,000. J. Safra Sarasin Holding AG purchased a new position in iShares Global Materials ETF during the 4th quarter valued at $1,305,000. Climber Capital SA purchased a new position in iShares Global Materials ETF during the 4th quarter valued at $543,000. Pathway Financial Advisors LLC increased its position in iShares Global Materials ETF by 3.3% during the 4th quarter. Pathway Financial Advisors LLC now owns 186,204 shares of the company’s stock valued at $18,854,000 after purchasing an additional 5,968 shares during the period. Finally, Perigon Wealth Management LLC increased its position in iShares Global Materials ETF by 65.0% during the 4th quarter. Perigon Wealth Management LLC now owns 6,190 shares of the company’s stock valued at $598,000 after purchasing an additional 2,439 shares during the period.

iShares Global Materials ETF Price Performance

NYSEARCA:MXI opened at $109.43 on Friday. The firm’s 50-day moving average price is $108.45 and its 200-day moving average price is $103.23. The company has a market capitalization of $328.29 million, a PE ratio of 18.88 and a beta of 0.87. iShares Global Materials ETF has a 1-year low of $82.49 and a 1-year high of $116.61.

iShares Global Materials ETF 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). The Index is a subset of the S&P Global 1200 Index and measures the performance of companies that S&P deems to be part of the materials sector of the economy. Component companies include those companies engaged in a wide variety of commodity-related manufacturing and mining activities.