Slow Capital Inc. Cuts Stock Position in iShares Global Materials ETF (NYSEARCA:MXI)

Slow Capital Inc. decreased its holdings in shares of iShares Global Materials ETF (NYSEARCA:MXI) by 3.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,463 shares of the company’s stock after selling 234 shares during the period. Slow Capital Inc.’s holdings in iShares Global Materials ETF were worth $651,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Perigon Wealth Management LLC lifted its position in shares of iShares Global Materials ETF by 5.5% in the third quarter. Perigon Wealth Management LLC now owns 3,251 shares of the company’s stock valued at $255,000 after acquiring an additional 170 shares in the last quarter. Royal Bank of Canada raised its stake in iShares Global Materials ETF by 1.0% in the 2nd quarter. Royal Bank of Canada now owns 28,123 shares of the company’s stock valued at $2,302,000 after purchasing an additional 283 shares during the last quarter. Penserra Capital Management LLC lifted its holdings in iShares Global Materials ETF by 21.3% in the 1st quarter. Penserra Capital Management LLC now owns 1,620 shares of the company’s stock valued at $152,000 after purchasing an additional 284 shares in the last quarter. Bank of Montreal Can boosted its stake in iShares Global Materials ETF by 83.5% during the 1st quarter. Bank of Montreal Can now owns 635 shares of the company’s stock worth $60,000 after purchasing an additional 289 shares during the last quarter. Finally, Blue Trust Inc. purchased a new stake in shares of iShares Global Materials ETF during the fourth quarter worth $35,000.

iShares Global Materials ETF Trading Up 0.7 %

NYSEARCA:MXI opened at $86.95 on Thursday. The company has a market cap of $252.15 million, a P/E ratio of 10.84 and a beta of 1.01. iShares Global Materials ETF has a twelve month low of $74.24 and a twelve month high of $90.95. The company’s 50-day moving average price is $86.33 and its 200-day moving average price is $83.12.

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).