Cresset Asset Management LLC Sells 119 Shares of iShares Global Materials ETF (NYSEARCA:MXI)

Cresset Asset Management LLC cut its position in iShares Global Materials ETF (NYSEARCA:MXI) by 2.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,492 shares of the company’s stock after selling 119 shares during the period. Cresset Asset Management LLC’s holdings in iShares Global Materials ETF were worth $427,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Perigon Wealth Management LLC grew its stake in shares of iShares Global Materials ETF by 4.2% in the fourth quarter. Perigon Wealth Management LLC now owns 3,751 shares of the company’s stock valued at $300,000 after buying an additional 150 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of iShares Global Materials ETF by 85.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 380 shares of the company’s stock valued at $30,000 after buying an additional 175 shares in the last quarter. Comerica Bank lifted its holdings in iShares Global Materials ETF by 34.1% during the 4th quarter. Comerica Bank now owns 1,137 shares of the company’s stock valued at $88,000 after purchasing an additional 289 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in iShares Global Materials ETF by 45.2% during the 4th quarter. Jones Financial Companies Lllp now owns 1,159 shares of the company’s stock valued at $90,000 after purchasing an additional 361 shares during the last quarter. Finally, Tyler Stone Wealth Management lifted its holdings in iShares Global Materials ETF by 20.3% during the 4th quarter. Tyler Stone Wealth Management now owns 3,137 shares of the company’s stock valued at $244,000 after purchasing an additional 530 shares during the last quarter.

iShares Global Materials ETF Price Performance

Shares of iShares Global Materials ETF stock opened at $84.24 on Friday. The business has a fifty day simple moving average of $81.14 and a two-hundred day simple moving average of $82.24. iShares Global Materials ETF has a 1 year low of $71.02 and a 1 year high of $94.38. The company has a market capitalization of $219.02 million, a price-to-earnings ratio of 19.65 and a beta of 0.98.

iShares Global Materials ETF 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).