Fifth Third Securities Inc. Makes New Investment in iShares MSCI Global Metals & Mining Producers ETF $PICK

Fifth Third Securities Inc. purchased a new stake in iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 38,651 shares of the company’s stock, valued at approximately $1,720,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Baird Financial Group Inc. purchased a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF in the 1st quarter worth about $872,000. Allied Investment Advisors LLC increased its holdings in iShares MSCI Global Metals & Mining Producers ETF by 109.4% during the 2nd quarter. Allied Investment Advisors LLC now owns 67,916 shares of the company’s stock valued at $2,554,000 after acquiring an additional 35,489 shares in the last quarter. Family Firm Inc. raised its position in iShares MSCI Global Metals & Mining Producers ETF by 7.6% during the second quarter. Family Firm Inc. now owns 37,064 shares of the company’s stock worth $1,394,000 after acquiring an additional 2,623 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of iShares MSCI Global Metals & Mining Producers ETF by 3.9% in the second quarter. Ameriprise Financial Inc. now owns 87,253 shares of the company’s stock valued at $3,281,000 after purchasing an additional 3,242 shares in the last quarter.

iShares MSCI Global Metals & Mining Producers ETF Price Performance

PICK stock opened at $49.89 on Monday. The company’s 50 day simple moving average is $46.91 and its 200-day simple moving average is $42.65. iShares MSCI Global Metals & Mining Producers ETF has a 12 month low of $29.96 and a 12 month high of $44.00. The firm has a market capitalization of $997.80 million, a PE ratio of 13.28 and a beta of 1.08.

iShares MSCI Global Metals & Mining Producers ETF Company Profile

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.