Syon Capital LLC Purchases 65,538 Shares of iShares MSCI Global Gold Miners ETF $RING

Syon Capital LLC boosted its position in iShares MSCI Global Gold Miners ETF (NASDAQ:RING) by 53.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 187,958 shares of the exchange traded fund’s stock after buying an additional 65,538 shares during the period. Syon Capital LLC owned approximately 0.57% of iShares MSCI Global Gold Miners ETF worth $12,142,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of RING. JPMorgan Chase & Co. grew its holdings in iShares MSCI Global Gold Miners ETF by 9.7% during the 4th quarter. JPMorgan Chase & Co. now owns 265,137 shares of the exchange traded fund’s stock worth $19,525,000 after acquiring an additional 23,361 shares during the period. Climber Capital SA bought a new stake in shares of iShares MSCI Global Gold Miners ETF during the 4th quarter valued at about $4,383,000. Marshall Wace LLP bought a new stake in shares of iShares MSCI Global Gold Miners ETF during the 4th quarter valued at about $3,336,000. Advisory Services Network LLC boosted its position in shares of iShares MSCI Global Gold Miners ETF by 68.3% during the 4th quarter. Advisory Services Network LLC now owns 41,502 shares of the exchange traded fund’s stock valued at $3,056,000 after purchasing an additional 16,837 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in iShares MSCI Global Gold Miners ETF by 20.0% during the third quarter. NewEdge Advisors LLC now owns 19,266 shares of the exchange traded fund’s stock worth $1,247,000 after purchasing an additional 3,208 shares during the period.

iShares MSCI Global Gold Miners ETF Stock Performance

Shares of RING stock opened at $89.09 on Friday. The company has a market cap of $2.93 billion, a P/E ratio of 19.24 and a beta of 0.67. The stock has a 50 day simple moving average of $72.80 and a two-hundred day simple moving average of $77.32. iShares MSCI Global Gold Miners ETF has a fifty-two week low of $54.64 and a fifty-two week high of $100.41.

iShares MSCI Global Gold Miners ETF Dividend Announcement

The business also recently disclosed a semiannual dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.5264 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a dividend yield of 143.0%.

About iShares MSCI Global Gold Miners ETF

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.