Janney Montgomery Scott LLC Acquires New Position in iShares MSCI Global Gold Miners ETF $RING

Janney Montgomery Scott LLC bought a new stake in iShares MSCI Global Gold Miners ETF (NASDAQ:RING) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 16,332 shares of the exchange traded fund’s stock, valued at approximately $1,290,000.

Several other institutional investors have also modified their holdings of the company. Keystone Global Partners LLC boosted its position in iShares MSCI Global Gold Miners ETF by 60.8% during the fourth quarter. Keystone Global Partners LLC now owns 73,867 shares of the exchange traded fund’s stock worth $5,440,000 after purchasing an additional 27,942 shares in the last quarter. Ethos Financial Group LLC purchased a new stake in shares of iShares MSCI Global Gold Miners ETF in the 4th quarter worth about $503,000. Climber Capital SA purchased a new stake in shares of iShares MSCI Global Gold Miners ETF in the 4th quarter worth about $4,383,000. NewEdge Advisors LLC grew its stake in iShares MSCI Global Gold Miners ETF by 20.0% in the 3rd quarter. NewEdge Advisors LLC now owns 19,266 shares of the exchange traded fund’s stock valued at $1,247,000 after acquiring an additional 3,208 shares during the last quarter. Finally, Advisory Services Network LLC increased its holdings in iShares MSCI Global Gold Miners ETF by 68.3% during the 4th quarter. Advisory Services Network LLC now owns 41,502 shares of the exchange traded fund’s stock valued at $3,056,000 after acquiring an additional 16,837 shares in the last quarter.

iShares MSCI Global Gold Miners ETF Stock Down 0.4%

Shares of RING traded down $0.26 during mid-day trading on Friday, reaching $64.89. 183,360 shares of the company’s stock were exchanged, compared to its average volume of 533,343. iShares MSCI Global Gold Miners ETF has a 52-week low of $42.51 and a 52-week high of $100.41. The company has a market cap of $2.29 billion, a price-to-earnings ratio of 19.24 and a beta of 0.61. The company has a 50-day simple moving average of $72.26 and a two-hundred day simple moving average of $79.51.

iShares MSCI Global Gold Miners ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a $0.5264 dividend. The ex-dividend date was Monday, June 15th.

iShares MSCI Global Gold Miners ETF Profile

The iShares MSCI Global Gold Miners ETF (RING) is an exchange-traded fund that is based on the MSCI ACWI Select Gold Miners IMI index, a market-cap-weighted index of companies that generate revenue primarily from gold mining. RING was launched on Jan 31, 2012 and is managed by BlackRock.