Greenwich Wealth Management LLC Cuts Position in iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK)

Greenwich Wealth Management LLC lessened its stake in iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) by 9.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,274 shares of the company’s stock after selling 1,711 shares during the quarter. Greenwich Wealth Management LLC’s holdings in iShares MSCI Global Metals & Mining Producers ETF were worth $604,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Municipal Employees Retirement System of Michigan increased its holdings in shares of iShares MSCI Global Metals & Mining Producers ETF by 3.5% in the 4th quarter. Municipal Employees Retirement System of Michigan now owns 3,032,992 shares of the company’s stock valued at $106,124,000 after purchasing an additional 101,807 shares in the last quarter. Strategic Advocates LLC increased its holdings in iShares MSCI Global Metals & Mining Producers ETF by 18.5% during the 4th quarter. Strategic Advocates LLC now owns 38,146 shares of the company’s stock valued at $1,335,000 after acquiring an additional 5,948 shares in the last quarter. Erste Asset Management GmbH purchased a new position in iShares MSCI Global Metals & Mining Producers ETF during the 3rd quarter valued at about $296,000. Finally, JPMorgan Chase & Co. increased its holdings in iShares MSCI Global Metals & Mining Producers ETF by 49.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,438 shares of the company’s stock valued at $235,000 after acquiring an additional 1,788 shares in the last quarter.

iShares MSCI Global Metals & Mining Producers ETF Trading Up 6.0 %

BATS:PICK opened at $37.61 on Friday. The firm has a 50-day moving average price of $36.30 and a two-hundred day moving average price of $38.26. iShares MSCI Global Metals & Mining Producers ETF has a twelve month low of $34.60 and a twelve month high of $46.40. The company has a market capitalization of $769.12 million, a P/E ratio of 12.92 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.