J. Safra Sarasin Holding AG Acquires New Holdings in iShares Global Materials ETF $MXI

J. Safra Sarasin Holding AG bought a new stake in iShares Global Materials ETF (NYSEARCA:MXI) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 13,502 shares of the company’s stock, valued at approximately $1,305,000.

Other large investors also recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new position in shares of iShares Global Materials ETF during the 1st quarter worth $3,378,000. Creative Planning lifted its stake in shares of iShares Global Materials ETF by 4.0% in the 2nd quarter. Creative Planning now owns 7,440 shares of the company’s stock valued at $636,000 after purchasing an additional 284 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in shares of iShares Global Materials ETF by 82.4% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 821 shares of the company’s stock valued at $70,000 after purchasing an additional 371 shares during the last quarter. Cresset Asset Management LLC boosted its holdings in iShares Global Materials ETF by 29.9% in the second quarter. Cresset Asset Management LLC now owns 6,360 shares of the company’s stock worth $544,000 after purchasing an additional 1,463 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in iShares Global Materials ETF by 6.8% in the second quarter. Osaic Holdings Inc. now owns 8,103 shares of the company’s stock worth $694,000 after purchasing an additional 513 shares in the last quarter.

iShares Global Materials ETF Price Performance

iShares Global Materials ETF stock opened at $108.00 on Thursday. iShares Global Materials ETF has a one year low of $71.01 and a one year high of $116.61. The company’s fifty day moving average price is $108.43 and its two-hundred day moving average price is $99.14. The company has a market capitalization of $313.20 million, a price-to-earnings ratio of 18.88 and a beta of 0.96.

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). 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.