Goldman Sachs Group Inc. Cuts Holdings in iShares Global Materials ETF $MXI

Goldman Sachs Group Inc. trimmed its position in iShares Global Materials ETF (NYSEARCA:MXI) by 3.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,524 shares of the company’s stock after selling 189 shares during the period. Goldman Sachs Group Inc. owned approximately 0.21% of iShares Global Materials ETF worth $451,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Blair William & Co. IL acquired a new position in iShares Global Materials ETF during the first quarter valued at $25,000. Northwestern Mutual Wealth Management Co. increased its holdings in iShares Global Materials ETF by 40.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 457 shares of the company’s stock valued at $37,000 after buying an additional 131 shares in the last quarter. Private Advisor Group LLC purchased a new position in iShares Global Materials ETF in the first quarter valued at $344,000. Comprehensive Money Management Services LLC increased its holdings in iShares Global Materials ETF by 14.8% in the first quarter. Comprehensive Money Management Services LLC now owns 4,257 shares of the company’s stock valued at $348,000 after buying an additional 550 shares in the last quarter. Finally, Investor s Fiduciary Advisor Network LLC increased its holdings in iShares Global Materials ETF by 5.3% in the first quarter. Investor s Fiduciary Advisor Network LLC now owns 4,333 shares of the company’s stock valued at $354,000 after buying an additional 220 shares in the last quarter.

iShares Global Materials ETF Trading Up 0.8%

MXI stock opened at $91.19 on Friday. iShares Global Materials ETF has a 12-month low of $71.01 and a 12-month high of $94.38. The business’s 50-day moving average is $88.97 and its 200 day moving average is $85.26. The stock has a market cap of $237.09 million, a price-to-earnings 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).