iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) Sets New 12-Month High at $41.63

iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $41.63 and last traded at $41.16, with a volume of 143931 shares changing hands. The stock had previously closed at $41.08.

iShares MSCI Global Metals & Mining Producers ETF Price Performance

The stock has a market cap of $1.54 billion, a P/E ratio of 5.48 and a beta of 1.18. The firm’s fifty day moving average price is $40.03 and its two-hundred day moving average price is $40.07.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. NBC Securities Inc. raised its position in shares of iShares MSCI Global Metals & Mining Producers ETF by 140.9% during the 4th quarter. NBC Securities Inc. now owns 843 shares of the company’s stock valued at $36,000 after buying an additional 493 shares in the last quarter. Sunbelt Securities Inc. purchased a new position in shares of iShares MSCI Global Metals & Mining Producers ETF in the 1st quarter worth about $225,000. Resolute Advisors LLC bought a new position in shares of iShares MSCI Global Metals & Mining Producers ETF during the 3rd quarter valued at about $232,000. New York State Common Retirement Fund purchased a new position in shares of iShares MSCI Global Metals & Mining Producers ETF during the 3rd quarter valued at about $481,000. Finally, Leuthold Group LLC lifted its position in iShares MSCI Global Metals & Mining Producers ETF by 9.8% in the 4th quarter. Leuthold Group LLC now owns 13,976 shares of the company’s stock worth $602,000 after buying an additional 1,249 shares during the last quarter.

About iShares MSCI Global Metals & Mining Producers ETF

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.