Fisher Asset Management LLC Has $1.48 Million Stake in iShares Global Materials ETF (NYSEARCA:MXI)

Fisher Asset Management LLC boosted its stake in shares of iShares Global Materials ETF (NYSEARCA:MXI) by 21.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,009 shares of the company’s stock after buying an additional 2,985 shares during the quarter. Fisher Asset Management LLC owned approximately 0.48% of iShares Global Materials ETF worth $1,484,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in MXI. Blue Trust Inc. bought a new stake in iShares Global Materials ETF in the fourth quarter valued at approximately $35,000. Patriot Investment Management Group Inc. bought a new position in iShares Global Materials ETF during the fourth quarter worth $201,000. Astoria Portfolio Advisors LLC. acquired a new position in iShares Global Materials ETF in the third quarter valued at $211,000. Perigon Wealth Management LLC boosted its position in iShares Global Materials ETF by 5.5% during the third quarter. Perigon Wealth Management LLC now owns 3,251 shares of the company’s stock valued at $255,000 after acquiring an additional 170 shares during the last quarter. Finally, NewEdge Wealth LLC acquired a new stake in iShares Global Materials ETF during the 4th quarter worth about $421,000.

iShares Global Materials ETF Trading Down 0.5 %

MXI stock opened at $88.93 on Thursday. iShares Global Materials ETF has a 1-year low of $74.24 and a 1-year high of $90.95. The stock has a 50-day moving average price of $87.77 and a 200-day moving average price of $84.20. The firm has a market cap of $257.90 million, a PE ratio of 10.52 and a beta of 1.01.

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).