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

BFI Infinity Ltd. acquired a new stake in iShares Global Materials ETF (NYSEARCA:MXI) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 4,641 shares of the company’s stock, valued at approximately $497,000. BFI Infinity Ltd. owned approximately 0.12% of iShares Global Materials ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Weil Company Inc. acquired a new stake in iShares Global Materials ETF in the third quarter worth approximately $2,718,000. BigSur Wealth Management LLC bought a new position in iShares Global Materials ETF during the 3rd quarter valued at $230,000. Farther Finance Advisors LLC boosted its stake in iShares Global Materials ETF by 11.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,877 shares of the company’s stock valued at $525,000 after purchasing an additional 484 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares Global Materials ETF by 18.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,722 shares of the company’s stock valued at $606,000 after purchasing an additional 887 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of iShares Global Materials ETF during the 2nd quarter valued at $117,000.

iShares Global Materials ETF Stock Performance

MXI opened at $108.77 on Friday. iShares Global Materials ETF has a one year low of $87.82 and a one year high of $118.51. The stock’s fifty day moving average is $111.71 and its 200-day moving average is $110.08. The company has a market capitalization of $435.08 million, a PE ratio of 18.88 and a beta of 0.88.

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). 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.