Mutual Advisors LLC Purchases New Position in iShares Global Materials ETF $MXI

Mutual Advisors LLC purchased a new stake in shares of iShares Global Materials ETF (NYSEARCA:MXI) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 11,444 shares of the company’s stock, valued at approximately $1,013,000.

A number of other hedge funds also recently bought and sold shares of MXI. National Bank of Canada FI grew its holdings in shares of iShares Global Materials ETF by 281.0% during the 1st quarter. National Bank of Canada FI now owns 178,576 shares of the company’s stock worth $14,641,000 after acquiring an additional 131,700 shares during the period. Jane Street Group LLC purchased a new position in shares of iShares Global Materials ETF during the 1st quarter worth approximately $3,378,000. Flow Traders U.S. LLC purchased a new position in shares of iShares Global Materials ETF during the 1st quarter worth approximately $2,345,000. Pathway Financial Advisors LLC grew its holdings in shares of iShares Global Materials ETF by 15.6% during the 2nd quarter. Pathway Financial Advisors LLC now owns 170,172 shares of the company’s stock worth $14,545,000 after acquiring an additional 22,934 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in shares of iShares Global Materials ETF by 1,061.9% during the 1st quarter. Jones Financial Companies Lllp now owns 13,466 shares of the company’s stock worth $1,101,000 after acquiring an additional 12,307 shares during the period.

iShares Global Materials ETF Stock Performance

MXI stock opened at $92.04 on Friday. iShares Global Materials ETF has a fifty-two week low of $71.01 and a fifty-two week high of $93.65. The business’s 50 day moving average price is $90.65 and its two-hundred day moving average price is $86.18. The company has a market capitalization of $230.10 million, a price-to-earnings ratio of 18.88 and a beta of 1.01.

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).