iShares Global Materials ETF $MXI Shares Sold by Cresset Asset Management LLC

Cresset Asset Management LLC reduced its stake in iShares Global Materials ETF (NYSEARCA:MXI) by 10.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 4,897 shares of the company’s stock after selling 595 shares during the quarter. Cresset Asset Management LLC owned 0.19% of iShares Global Materials ETF worth $400,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Blair William & Co. IL acquired a new position in shares of iShares Global Materials ETF in the 1st quarter worth approximately $25,000. Comerica Bank lifted its holdings in shares of iShares Global Materials ETF by 34.1% in the 4th quarter. Comerica Bank now owns 1,137 shares of the company’s stock worth $88,000 after acquiring an additional 289 shares during the last quarter. Comprehensive Money Management Services LLC acquired a new position in shares of iShares Global Materials ETF in the 4th quarter worth approximately $288,000. Investor s Fiduciary Advisor Network LLC acquired a new position in shares of iShares Global Materials ETF in the 4th quarter worth approximately $319,000. Finally, Private Advisor Group LLC acquired a new position in shares of iShares Global Materials ETF in the 1st quarter worth approximately $344,000.

iShares Global Materials ETF Stock Performance

Shares of MXI stock opened at $90.11 on Monday. The firm’s 50 day moving average price is $86.55 and its 200-day moving average price is $83.98. iShares Global Materials ETF has a one year low of $71.01 and a one year high of $94.38. The firm has a market cap of $234.29 million, a P/E ratio of 18.88 and a beta of 1.01.

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).