Commonwealth Equity Services LLC Sells 213 Shares of iShares Global Materials ETF (NYSEARCA:MXI)

Commonwealth Equity Services LLC reduced its position in shares of iShares Global Materials ETF (NYSEARCA:MXI) by 6.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,337 shares of the company’s stock after selling 213 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares Global Materials ETF were worth $259,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Hopwood Financial Services Inc. acquired a new position in iShares Global Materials ETF during the 4th quarter worth $49,000. HighTower Advisors LLC raised its position in iShares Global Materials ETF by 6.6% in the 4th quarter. HighTower Advisors LLC now owns 100,330 shares of the company’s stock valued at $7,796,000 after buying an additional 6,200 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in iShares Global Materials ETF in the 4th quarter valued at $377,000. Steward Partners Investment Advisory LLC raised its stake in shares of iShares Global Materials ETF by 85.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 380 shares of the company’s stock worth $30,000 after purchasing an additional 175 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in iShares Global Materials ETF by 45.2% during the fourth quarter. Jones Financial Companies Lllp now owns 1,159 shares of the company’s stock worth $90,000 after purchasing an additional 361 shares during the period.

iShares Global Materials ETF Trading Down 1.9 %

Shares of NYSEARCA MXI opened at $71.63 on Wednesday. The firm has a market cap of $189.82 million, a P/E ratio of 19.88 and a beta of 1.03. iShares Global Materials ETF has a 1-year low of $71.02 and a 1-year high of $94.38. The business’s 50 day moving average is $82.12 and its 200-day moving average is $84.04.

iShares Global Materials ETF Company 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).