iShares Global Materials ETF (NYSEARCA:MXI) Stock Pass Below Fifty Day Moving Average – Time to Sell?

Posted by Patrick Bannon on May 6th, 2026

iShares Global Materials ETF (NYSEARCA:MXI – Get Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $108.73 and traded as low as $108.40. iShares Global Materials ETF shares last traded at $109.19, with a volume of 38,795 shares changing hands.

iShares Global Materials ETF Stock Performance

The company has a market cap of $327.57 million, a price-to-earnings ratio of 18.88 and a beta of 0.87. The company has a fifty day moving average of $108.73 and a two-hundred day moving average of $102.15.

Institutional Investors Weigh In On iShares Global Materials ETF

Several hedge funds have recently modified their holdings of MXI. Lodestone Wealth Management LLC acquired a new stake in shares of iShares Global Materials ETF during the 4th quarter valued at $26,000. Farther Finance Advisors LLC acquired a new stake in shares of iShares Global Materials ETF during the 3rd quarter valued at $49,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Global Materials ETF by 45.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 663 shares of the company’s stock valued at $64,000 after acquiring an additional 206 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of iShares Global Materials ETF during the 4th quarter valued at $74,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of iShares Global Materials ETF during the 4th quarter valued at $79,000.

About iShares Global Materials ETF

(Get Free Report)

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.