Ameritas Advisory Services LLC Lowers Stock Holdings in iShares Global Materials ETF $MXI

Ameritas Advisory Services LLC lessened its holdings in iShares Global Materials ETF (NYSEARCA:MXI) by 96.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 285 shares of the company’s stock after selling 8,596 shares during the period. Ameritas Advisory Services LLC’s holdings in iShares Global Materials ETF were worth $26,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC acquired a new position in shares of iShares Global Materials ETF in the 3rd quarter valued at $49,000. Steward Partners Investment Advisory LLC raised its stake in shares of iShares Global Materials ETF by 82.4% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 821 shares of the company’s stock worth $70,000 after buying an additional 371 shares in the last quarter. Allworth Financial LP grew its stake in shares of iShares Global Materials ETF by 17.9% during the 2nd quarter. Allworth Financial LP now owns 1,976 shares of the company’s stock worth $169,000 after purchasing an additional 300 shares during the period. Patriot Investment Management Group Inc. purchased a new stake in shares of iShares Global Materials ETF during the 3rd quarter worth approximately $213,000. Finally, Viawealth LLC increased its position in shares of iShares Global Materials ETF by 7.5% in the second quarter. Viawealth LLC now owns 4,541 shares of the company’s stock valued at $388,000 after buying an additional 317 shares in the last quarter.

iShares Global Materials ETF Price Performance

Shares of NYSEARCA MXI opened at $113.39 on Friday. iShares Global Materials ETF has a 12-month low of $71.01 and a 12-month high of $114.33. The firm’s 50-day moving average is $104.23 and its two-hundred day moving average is $95.63. The company has a market capitalization of $328.83 million, a PE ratio of 18.88 and a beta of 0.96.

About iShares Global Materials ETF

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). The Index is a subset of the S&P Global 1200 Index and measures the performance of companies that S&P deems to be part of the materials sector of the economy. Component companies include those companies engaged in a wide variety of commodity-related manufacturing and mining activities.