Climber Capital SA Invests $543,000 in iShares Global Materials ETF $MXI

Climber Capital SA purchased a new position in shares of iShares Global Materials ETF (NYSEARCA:MXI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,048 shares of the company’s stock, valued at approximately $543,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Stratos Wealth Partners LTD. acquired a new stake in shares of iShares Global Materials ETF during the 4th quarter worth approximately $2,626,000. J. Safra Sarasin Holding AG acquired a new stake in shares of iShares Global Materials ETF during the 4th quarter worth approximately $1,305,000. Pathway Financial Advisors LLC raised its position in shares of iShares Global Materials ETF by 3.3% during the 4th quarter. Pathway Financial Advisors LLC now owns 186,204 shares of the company’s stock worth $18,854,000 after purchasing an additional 5,968 shares during the period. Perigon Wealth Management LLC raised its position in shares of iShares Global Materials ETF by 65.0% during the 4th quarter. Perigon Wealth Management LLC now owns 6,190 shares of the company’s stock worth $598,000 after purchasing an additional 2,439 shares during the period. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of iShares Global Materials ETF during the 4th quarter worth approximately $26,000.

iShares Global Materials ETF Price Performance

Shares of MXI stock opened at $110.96 on Friday. iShares Global Materials ETF has a 12-month low of $82.41 and a 12-month high of $116.61. The firm has a market capitalization of $332.88 million, a price-to-earnings ratio of 18.88 and a beta of 0.87. The business has a 50 day simple moving average of $108.61 and a 200 day simple moving average of $102.42.

iShares Global Materials ETF 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.