iShares Global Materials ETF (NYSEARCA:MXI) Stake Reduced by InterOcean Capital LLC

InterOcean Capital LLC cut its holdings in iShares Global Materials ETF (NYSEARCA:MXI) by 3.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 15,588 shares of the company’s stock after selling 595 shares during the quarter. InterOcean Capital LLC’s holdings in iShares Global Materials ETF were worth $1,016,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Morningstar Investment Services LLC raised its holdings in iShares Global Materials ETF by 4.4% during the 2nd quarter. Morningstar Investment Services LLC now owns 184,864 shares of the company’s stock worth $12,050,000 after buying an additional 7,787 shares during the period. Atria Investments LLC acquired a new stake in iShares Global Materials ETF during the 2nd quarter worth about $1,301,000. Concorde Asset Management LLC acquired a new stake in iShares Global Materials ETF during the 2nd quarter worth about $310,000. Wells Fargo & Company MN raised its holdings in iShares Global Materials ETF by 84.8% during the 2nd quarter. Wells Fargo & Company MN now owns 4,244 shares of the company’s stock worth $276,000 after buying an additional 1,948 shares during the period. Finally, Pathway Financial Advisors LLC raised its holdings in iShares Global Materials ETF by 0.8% during the 2nd quarter. Pathway Financial Advisors LLC now owns 124,503 shares of the company’s stock worth $8,115,000 after buying an additional 1,024 shares during the period.

NYSEARCA MXI opened at $63.81 on Friday. The stock’s 50-day moving average price is $61.25 and its two-hundred day moving average price is $63.42. iShares Global Materials ETF has a 1 year low of $54.93 and a 1 year high of $69.01.

About iShares Global Materials ETF

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).

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Want to see what other hedge funds are holding MXI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global Materials ETF (NYSEARCA:MXI).

Institutional Ownership by Quarter for iShares Global Materials ETF (NYSEARCA:MXI)

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