Morningstar Investment Services LLC boosted its position in shares of iShares Global Materials ETF (NYSEARCA:MXI) by 4.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 184,864 shares of the company’s stock after buying an additional 7,787 shares during the quarter. Morningstar Investment Services LLC owned approximately 6.06% of iShares Global Materials ETF worth $12,050,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in MXI. Versant Capital Management Inc raised its position in shares of iShares Global Materials ETF by 2.6% during the second quarter. Versant Capital Management Inc now owns 8,931 shares of the company’s stock worth $582,000 after purchasing an additional 227 shares during the period. Pathway Financial Advisors LLC increased its position in shares of iShares Global Materials ETF by 0.8% during the second quarter. Pathway Financial Advisors LLC now owns 124,503 shares of the company’s stock worth $8,115,000 after acquiring an additional 1,024 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of iShares Global Materials ETF by 84.8% during the second quarter. Wells Fargo & Company MN now owns 4,244 shares of the company’s stock worth $276,000 after acquiring an additional 1,948 shares during the period. Nomura Asset Management Co. Ltd. bought a new stake in iShares Global Materials ETF in the 1st quarter valued at $269,000. Finally, Concorde Asset Management LLC bought a new stake in iShares Global Materials ETF in the 2nd quarter valued at $310,000.

NYSEARCA MXI traded up $0.49 on Wednesday, reaching $63.19. The company had a trading volume of 200 shares, compared to its average volume of 42,312. The company’s fifty day moving average is $61.29 and its 200-day moving average is $63.42. iShares Global Materials ETF has a 1-year low of $54.93 and a 1-year high of $69.01.

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).

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Institutional Ownership by Quarter for iShares Global Materials ETF (NYSEARCA:MXI)

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