Allied Investment Advisors LLC Acquires Shares of 70,374 iShares MSCI Global Metals & Mining Producers ETF $PICK

Allied Investment Advisors LLC bought a new position in shares of iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 70,374 shares of the company’s stock, valued at approximately $3,613,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PICK. Ameriprise Financial Inc. increased its holdings in shares of iShares MSCI Global Metals & Mining Producers ETF by 3.9% during the 2nd 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. Jones Financial Companies Lllp increased its stake in shares of iShares MSCI Global Metals & Mining Producers ETF by 40.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 5,754 shares of the company’s stock valued at $251,000 after purchasing an additional 1,665 shares in the last quarter. Rothschild Investment LLC acquired a new position in iShares MSCI Global Metals & Mining Producers ETF in the 3rd quarter worth about $61,000. Advisors Preferred LLC acquired a new position in iShares MSCI Global Metals & Mining Producers ETF in the 3rd quarter worth about $155,000. Finally, Miller Global Investments LLC purchased a new position in iShares MSCI Global Metals & Mining Producers ETF during the fourth quarter worth approximately $1,003,000.

iShares MSCI Global Metals & Mining Producers ETF Price Performance

Shares of BATS:PICK opened at $63.57 on Tuesday. The business’s 50 day moving average price is $60.22 and its 200-day moving average price is $56.28. iShares MSCI Global Metals & Mining Producers ETF has a 1 year low of $35.51 and a 1 year high of $67.90. The firm has a market capitalization of $1.27 billion, a price-to-earnings 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.