Resolute Advisors LLC Has $218,000 Position in iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK)

Resolute Advisors LLC lifted its stake in shares of iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) by 17.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 6,216 shares of the company’s stock after buying an additional 924 shares during the quarter. Resolute Advisors LLC’s holdings in iShares MSCI Global Metals & Mining Producers ETF were worth $218,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of PICK. JPMorgan Chase & Co. lifted its position in iShares MSCI Global Metals & Mining Producers ETF by 49.0% during the third quarter. JPMorgan Chase & Co. now owns 5,438 shares of the company’s stock worth $235,000 after acquiring an additional 1,788 shares during the last quarter. Erste Asset Management GmbH acquired a new stake in iShares MSCI Global Metals & Mining Producers ETF during the 3rd quarter worth approximately $296,000. Hirtle Callaghan & Co LLC acquired a new stake in iShares MSCI Global Metals & Mining Producers ETF during the 4th quarter worth approximately $420,000. Strategic Advocates LLC boosted its stake in iShares MSCI Global Metals & Mining Producers ETF by 18.5% in the 4th quarter. Strategic Advocates LLC now owns 38,146 shares of the company’s stock valued at $1,335,000 after purchasing an additional 5,948 shares during the period. Finally, OLD Mission Capital LLC grew its holdings in iShares MSCI Global Metals & Mining Producers ETF by 53.0% in the 4th quarter. OLD Mission Capital LLC now owns 62,533 shares of the company’s stock valued at $2,188,000 after buying an additional 21,667 shares in the last quarter.

iShares MSCI Global Metals & Mining Producers ETF Stock Performance

PICK opened at $34.04 on Friday. The stock has a fifty day moving average of $36.70 and a 200-day moving average of $38.20. iShares MSCI Global Metals & Mining Producers ETF has a fifty-two week low of $34.01 and a fifty-two week high of $46.40. The company has a market capitalization of $692.80 million, a P/E ratio of 12.99 and a beta of 1.15.

About iShares MSCI Global Metals & Mining Producers ETF

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.