Sava Infond d.o.o. Lowers Position in iShares Global Materials ETF $MXI

Sava Infond d.o.o. decreased its position in iShares Global Materials ETF (NYSEARCA:MXI) by 22.7% during the 2nd quarter, Holdings Channel reports. The fund owned 6,800 shares of the company’s stock after selling 2,000 shares during the quarter. Sava Infond d.o.o.’s holdings in iShares Global Materials ETF were worth $581,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blair William & Co. IL purchased a new stake in shares of iShares Global Materials ETF in the first quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Global Materials ETF by 40.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 457 shares of the company’s stock valued at $37,000 after acquiring an additional 131 shares in the last quarter. CX Institutional boosted its holdings in shares of iShares Global Materials ETF by 1,415.9% in the second quarter. CX Institutional now owns 955 shares of the company’s stock valued at $82,000 after acquiring an additional 892 shares in the last quarter. Private Advisor Group LLC acquired a new position in shares of iShares Global Materials ETF during the 1st quarter worth $344,000. Finally, Comprehensive Money Management Services LLC grew its stake in shares of iShares Global Materials ETF by 14.8% during the 1st quarter. Comprehensive Money Management Services LLC now owns 4,257 shares of the company’s stock worth $348,000 after purchasing an additional 550 shares during the period.

iShares Global Materials ETF Stock Up 0.4%

NYSEARCA:MXI opened at $92.94 on Friday. iShares Global Materials ETF has a fifty-two week low of $71.01 and a fifty-two week high of $93.00. The stock has a market cap of $232.35 million, a PE ratio of 18.88 and a beta of 1.01. The firm’s fifty day simple moving average is $89.37 and its 200-day simple moving average is $85.56.

iShares Global Materials ETF Profile

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).