Park Avenue Securities LLC Sells 253 Shares of iShares Global Materials ETF $MXI

Park Avenue Securities LLC decreased its position in shares of iShares Global Materials ETF (NYSEARCA:MXI) by 5.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 4,068 shares of the company’s stock after selling 253 shares during the period. Park Avenue Securities LLC owned about 0.16% of iShares Global Materials ETF worth $348,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Blair William & Co. IL purchased a new position in shares of iShares Global Materials ETF during the 1st quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Global Materials ETF by 40.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 457 shares of the company’s stock worth $37,000 after acquiring an additional 131 shares during the period. CX Institutional grew its holdings in shares of iShares Global Materials ETF by 1,415.9% during the 2nd quarter. CX Institutional now owns 955 shares of the company’s stock worth $82,000 after acquiring an additional 892 shares during the period. Private Advisor Group LLC purchased a new position in shares of iShares Global Materials ETF during the 1st quarter worth approximately $344,000. Finally, Comprehensive Money Management Services LLC grew its holdings in shares of iShares Global Materials ETF by 14.8% during the 1st quarter. Comprehensive Money Management Services LLC now owns 4,257 shares of the company’s stock worth $348,000 after acquiring an additional 550 shares during the period.

iShares Global Materials ETF Stock Performance

MXI stock opened at $92.47 on Wednesday. The company has a market capitalization of $240.42 million, a price-to-earnings ratio of 18.88 and a beta of 1.01. The business’s 50 day moving average price is $89.14 and its two-hundred day moving average price is $85.40. iShares Global Materials ETF has a fifty-two week low of $71.01 and a fifty-two week high of $93.04.

iShares Global Materials ETF Company 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).