Fisher Asset Management LLC Lowers Holdings in iShares MSCI Global Metals & Mining Producers ETF $PICK

Fisher Asset Management LLC reduced its position in iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) by 3.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,117,717 shares of the company’s stock after selling 100,224 shares during the period. Fisher Asset Management LLC owned 15.59% of iShares MSCI Global Metals & Mining Producers ETF worth $160,064,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC purchased a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF in the third quarter worth about $61,000. Advisors Preferred LLC purchased a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF in the third quarter worth about $155,000. Cooper Investors PTY Ltd. purchased a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF in the fourth quarter worth about $216,000. Jones Financial Companies Lllp lifted its position in shares of iShares MSCI Global Metals & Mining Producers ETF by 40.7% in the third quarter. Jones Financial Companies Lllp now owns 5,754 shares of the company’s stock worth $251,000 after buying an additional 1,665 shares in the last quarter. Finally, Ethos Financial Group LLC purchased a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF in the fourth quarter worth about $325,000.

iShares MSCI Global Metals & Mining Producers ETF Stock Performance

BATS:PICK opened at $63.57 on Tuesday. The company has a market capitalization of $1.27 billion, a P/E ratio of 13.28 and a beta of 1.08. iShares MSCI Global Metals & Mining Producers ETF has a 12 month low of $35.51 and a 12 month high of $67.90. The business’s 50-day moving average is $60.22 and its 200 day moving average is $56.28.

iShares MSCI Global Metals & Mining Producers ETF 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.