Northwestern Mutual Wealth Management Co. Purchases 131 Shares of iShares Global Materials ETF $MXI

Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Global Materials ETF (NYSEARCA:MXI) by 40.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 457 shares of the company’s stock after acquiring an additional 131 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Global Materials ETF were worth $37,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Blair William & Co. IL bought a new position in iShares Global Materials ETF during the 1st quarter worth approximately $25,000. Comerica Bank boosted its stake in iShares Global Materials ETF by 34.1% during 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 bought a new position in iShares Global Materials ETF in the fourth quarter valued at approximately $288,000. Investor s Fiduciary Advisor Network LLC bought a new position in iShares Global Materials ETF in the fourth quarter valued at approximately $319,000. Finally, Private Advisor Group LLC bought a new position in iShares Global Materials ETF in the first quarter valued at approximately $344,000.

iShares Global Materials ETF Stock Performance

Shares of MXI opened at $90.62 on Monday. iShares Global Materials ETF has a twelve month low of $71.01 and a twelve month high of $94.38. The firm’s 50 day moving average price is $87.69 and its two-hundred day moving average price is $84.43. The firm has a market cap of $235.61 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).