4,641 Shares of iShares Global Materials ETF $MXI Bought by BFI Infinity Ltd.

BFI Infinity Ltd. acquired a new stake in shares of iShares Global Materials ETF (NYSEARCA:MXI) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 4,641 shares of the company’s stock, valued at approximately $497,000.

Several other hedge funds also recently made changes to their positions in MXI. Western Wealth Management LLC bought a new stake in shares of iShares Global Materials ETF in the 1st quarter worth approximately $28,000. Trust Co. of Vermont acquired a new stake in iShares Global Materials ETF during the second quarter valued at approximately $40,000. Integrated Wealth Concepts LLC bought a new stake in iShares Global Materials ETF during the second quarter worth approximately $117,000. Fifth Third Bancorp boosted its holdings in iShares Global Materials ETF by 137.1% during the first quarter. Fifth Third Bancorp now owns 1,892 shares of the company’s stock worth $201,000 after buying an additional 1,094 shares in the last quarter. Finally, BigSur Wealth Management LLC bought a new stake in iShares Global Materials ETF during the third quarter worth approximately $230,000.

iShares Global Materials ETF Stock Performance

iShares Global Materials ETF stock opened at $108.77 on Friday. The firm has a market cap of $435.08 million, a price-to-earnings ratio of 18.88 and a beta of 0.88. iShares Global Materials ETF has a 1 year low of $87.82 and a 1 year high of $118.51. The firm’s 50 day moving average price is $111.71 and its two-hundred day moving average price is $110.08.

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.