National Bank of Canada FI Acquires 46,154 Shares of iShares Global Materials ETF (NYSEARCA:MXI)

National Bank of Canada FI raised its holdings in shares of iShares Global Materials ETF (NYSEARCA:MXI) by 6,392.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 46,876 shares of the company’s stock after purchasing an additional 46,154 shares during the period. National Bank of Canada FI’s holdings in iShares Global Materials ETF were worth $3,642,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Sava Infond d.o.o. bought a new stake in iShares Global Materials ETF during the 4th quarter valued at about $684,000. HighTower Advisors LLC increased its position in shares of iShares Global Materials ETF by 6.6% during the fourth quarter. HighTower Advisors LLC now owns 100,330 shares of the company’s stock valued at $7,796,000 after acquiring an additional 6,200 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares Global Materials ETF during the fourth quarter valued at approximately $377,000. Park Avenue Securities LLC purchased a new position in iShares Global Materials ETF in the 4th quarter worth approximately $351,000. Finally, HTLF Bank lifted its position in iShares Global Materials ETF by 9.7% in the 4th quarter. HTLF Bank now owns 22,103 shares of the company’s stock valued at $1,717,000 after acquiring an additional 1,947 shares in the last quarter.

iShares Global Materials ETF Trading Down 1.6 %

iShares Global Materials ETF stock opened at $73.02 on Tuesday. iShares Global Materials ETF has a 12 month low of $71.63 and a 12 month high of $94.38. The stock has a fifty day simple moving average of $82.51 and a two-hundred day simple moving average of $84.25. The firm has a market cap of $193.50 million, a price-to-earnings ratio of 19.88 and a beta of 1.03.

About iShares Global Materials ETF

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).