iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) Hits New 1-Year High – Here’s What Happened

iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) shares hit a new 52-week high on Monday . The company traded as high as $40.81 and last traded at $40.69, with a volume of 431536 shares changing hands. The stock had previously closed at $40.59.

iShares MSCI Global Metals & Mining Producers ETF Trading Up 0.2 %

The company has a market cap of $1.11 billion, a PE ratio of 7.40 and a beta of 1.12. The stock has a fifty day simple moving average of $40.30 and a two-hundred day simple moving average of $41.08.

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

Several hedge funds have recently bought and sold shares of PICK. City State Bank purchased a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF during the second quarter worth about $33,000. Resolute Advisors LLC acquired a new position in shares of iShares MSCI Global Metals & Mining Producers ETF during the third quarter worth about $229,000. Leuthold Group LLC grew its position in iShares MSCI Global Metals & Mining Producers ETF by 4.0% in the first quarter. Leuthold Group LLC now owns 14,531 shares of the company’s stock valued at $606,000 after acquiring an additional 555 shares in the last quarter. Family Firm Inc. grew its holdings in iShares MSCI Global Metals & Mining Producers ETF by 11.9% during the 2nd quarter. Family Firm Inc. now owns 32,041 shares of the company’s stock valued at $1,308,000 after purchasing an additional 3,413 shares in the last quarter. Finally, Strategic Advocates LLC increased its position in shares of iShares MSCI Global Metals & Mining Producers ETF by 13.3% during the second quarter. Strategic Advocates LLC now owns 33,762 shares of the company’s stock worth $1,379,000 after acquiring an additional 3,951 shares during the last quarter.

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.