Principia Wealth Advisory LLC Raises Stock Holdings in iShares MSCI Global Metals & Mining Producers ETF $PICK

Principia Wealth Advisory LLC lifted its holdings in shares of iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) by 107.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,443 shares of the company’s stock after acquiring an additional 16,259 shares during the quarter. iShares MSCI Global Metals & Mining Producers ETF accounts for about 0.4% of Principia Wealth Advisory LLC’s holdings, making the stock its 25th largest position. Principia Wealth Advisory LLC owned about 0.16% of iShares MSCI Global Metals & Mining Producers ETF worth $1,614,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of PICK. Allied Investment Advisors LLC purchased a new stake in shares of iShares MSCI Global Metals & Mining Producers ETF during the fourth quarter valued at approximately $3,613,000. Miller Global Investments LLC bought a new position in iShares MSCI Global Metals & Mining Producers ETF during the fourth quarter valued at $1,003,000. Leuthold Group LLC bought a new position in iShares MSCI Global Metals & Mining Producers ETF during the fourth quarter valued at $936,000. Nano Cap New Millennium Growth Fund L P bought a new position in iShares MSCI Global Metals & Mining Producers ETF during the fourth quarter valued at $334,000. Finally, Ethos Financial Group LLC bought a new position in iShares MSCI Global Metals & Mining Producers ETF during the fourth quarter valued at $325,000.

iShares MSCI Global Metals & Mining Producers ETF Trading Up 1.3%

Shares of BATS PICK opened at $66.25 on Friday. The stock has a fifty day simple moving average of $60.80 and a two-hundred day simple moving average of $56.72. iShares MSCI Global Metals & Mining Producers ETF has a 1-year low of $35.51 and a 1-year high of $67.90. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 13.28 and a beta of 1.08.

About iShares MSCI Global Metals & Mining Producers ETF

The iShares MSCI Global Metals & Mining Producers ETF (PICK) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-cap-weighted index of global metals mining, extraction or production firms, excluding gold and silver mining firms. PICK was launched on Jan 31, 2012 and is managed by BlackRock.