iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) Hits New 1-Year High at $43.56

Shares of iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) hit a new 52-week high during trading on Monday . The stock traded as high as $43.56 and last traded at $43.80, with a volume of 151984 shares. The stock had previously closed at $43.49.

iShares MSCI Global Metals & Mining Producers ETF Stock Performance

The firm has a market cap of $1.17 billion, a P/E ratio of 7.16 and a beta of 1.20. The firm’s fifty day simple moving average is $41.89 and its 200 day simple moving average is $40.84.

Hedge Funds Weigh In On iShares MSCI Global Metals & Mining Producers ETF

Several institutional investors have recently added to or reduced their stakes in PICK. NBC Securities Inc. increased its stake in iShares MSCI Global Metals & Mining Producers ETF by 140.9% during the fourth quarter. NBC Securities Inc. now owns 843 shares of the company’s stock worth $36,000 after acquiring an additional 493 shares during the last quarter. Resolute Advisors LLC bought a new position in shares of iShares MSCI Global Metals & Mining Producers ETF during the 3rd quarter valued at approximately $232,000. New York State Common Retirement Fund purchased a new stake in iShares MSCI Global Metals & Mining Producers ETF during the 3rd quarter valued at $481,000. Leuthold Group LLC raised its holdings in iShares MSCI Global Metals & Mining Producers ETF by 9.8% during the 4th quarter. Leuthold Group LLC now owns 13,976 shares of the company’s stock valued at $602,000 after buying an additional 1,249 shares during the period. Finally, Barometer Capital Management Inc. bought a new stake in iShares MSCI Global Metals & Mining Producers ETF in the third quarter worth $930,000.

iShares MSCI Global Metals & Mining Producers ETF Company Profile

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.