Advisors Preferred LLC Cuts Stock Holdings in iShares MSCI Global Gold Miners ETF $RING

Advisors Preferred LLC decreased its position in shares of iShares MSCI Global Gold Miners ETF (NASDAQ:RING) by 65.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,577 shares of the exchange traded fund’s stock after selling 6,636 shares during the quarter. Advisors Preferred LLC’s holdings in iShares MSCI Global Gold Miners ETF were worth $157,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Strategic Blueprint LLC purchased a new stake in shares of iShares MSCI Global Gold Miners ETF during the second quarter valued at approximately $239,000. Trust Co. of Toledo NA OH purchased a new stake in shares of iShares MSCI Global Gold Miners ETF during the second quarter valued at approximately $49,000. Keystone Global Partners LLC grew its holdings in shares of iShares MSCI Global Gold Miners ETF by 190.1% during the second quarter. Keystone Global Partners LLC now owns 46,892 shares of the exchange traded fund’s stock valued at $2,053,000 after buying an additional 30,727 shares during the last quarter. Versant Capital Management Inc boosted its holdings in iShares MSCI Global Gold Miners ETF by 1.2% in the second quarter. Versant Capital Management Inc now owns 76,440 shares of the exchange traded fund’s stock worth $3,347,000 after purchasing an additional 942 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in iShares MSCI Global Gold Miners ETF by 546.3% in the first quarter. Jones Financial Companies Lllp now owns 63,850 shares of the exchange traded fund’s stock worth $2,715,000 after purchasing an additional 53,970 shares during the last quarter.

iShares MSCI Global Gold Miners ETF Trading Down 4.6%

Shares of RING stock opened at $58.29 on Wednesday. iShares MSCI Global Gold Miners ETF has a 12-month low of $27.69 and a 12-month high of $72.74. The firm’s 50 day moving average is $61.62 and its 200 day moving average is $50.28. The stock has a market capitalization of $2.30 billion, a P/E ratio of 19.24 and a beta of 0.50.

iShares MSCI Global Gold Miners ETF Profile

The iShares MSCI Global Gold Miners ETF (RING) is an exchange-traded fund that is based on the MSCI ACWI Select Gold Miners IMI index, a market-cap-weighted index of companies that generate revenue primarily from gold mining. RING was launched on Jan 31, 2012 and is managed by BlackRock.