Investor s Fiduciary Advisor Network LLC Has $354,000 Position in iShares Global Materials ETF (NYSEARCA:MXI)

Investor s Fiduciary Advisor Network LLC raised its holdings in shares of iShares Global Materials ETF (NYSEARCA:MXI) by 5.3% in the first quarter, HoldingsChannel.com reports. The firm owned 4,333 shares of the company’s stock after buying an additional 220 shares during the period. Investor s Fiduciary Advisor Network LLC’s holdings in iShares Global Materials ETF were worth $354,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Climber Capital SA bought a new stake in iShares Global Materials ETF during the 1st quarter valued at $511,000. Comprehensive Money Management Services LLC increased its stake in 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 valued at $348,000 after purchasing an additional 550 shares in the last quarter. Pathway Financial Advisors LLC increased its stake in iShares Global Materials ETF by 10.0% during the 1st quarter. Pathway Financial Advisors LLC now owns 147,238 shares of the company’s stock valued at $12,034,000 after purchasing an additional 13,439 shares in the last quarter. GTS Securities LLC bought a new stake in iShares Global Materials ETF during the 4th quarter valued at $740,000. Finally, Ameriprise Financial Inc. bought a new stake in iShares Global Materials ETF during the 4th quarter valued at $581,000.

iShares Global Materials ETF Trading Down 0.2%

Shares of MXI stock opened at $87.67 on Friday. The firm has a market capitalization of $227.94 million, a PE ratio of 19.67 and a beta of 1.01. The firm has a fifty day simple moving average of $84.67 and a two-hundred day simple moving average of $82.14. iShares Global Materials ETF has a 12 month low of $71.02 and a 12 month high of $94.38.

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).