6,151 Shares of iShares Global Materials ETF $MXI Bought by Verity Asset Management Inc.

Verity Asset Management Inc. bought a new position in shares of iShares Global Materials ETF (NYSEARCA:MXI) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 6,151 shares of the company’s stock, valued at approximately $658,000. Verity Asset Management Inc. owned about 0.17% of iShares Global Materials ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the business. Bank of America Corp DE boosted its holdings in iShares Global Materials ETF by 57.2% in the first quarter. Bank of America Corp DE now owns 117,422 shares of the company’s stock valued at $12,473,000 after purchasing an additional 42,740 shares during the last quarter. Weil Company Inc. purchased a new stake in iShares Global Materials ETF during the 3rd quarter worth approximately $2,718,000. Solstein Capital LLC purchased a new stake in iShares Global Materials ETF during the 2nd quarter worth approximately $967,000. Cetera Investment Advisers purchased a new stake in iShares Global Materials ETF during the 1st quarter worth approximately $587,000. Finally, BFI Infinity Ltd. purchased a new stake in iShares Global Materials ETF during the 3rd quarter worth approximately $497,000.

iShares Global Materials ETF Stock Up 3.7%

Shares of MXI opened at $110.09 on Thursday. The business’s 50 day moving average is $110.07 and its two-hundred day moving average is $109.48. iShares Global Materials ETF has a 52-week low of $88.12 and a 52-week high of $118.51. The firm has a market cap of $407.33 million, a price-to-earnings ratio of 19.36 and a beta of 0.90.

iShares Global Materials ETF Company Profile

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). The Index is a subset of the S&P Global 1200 Index and measures the performance of companies that S&P deems to be part of the materials sector of the economy. Component companies include those companies engaged in a wide variety of commodity-related manufacturing and mining activities.