Hanson & Doremus Investment Management Sells 645 Shares of iShares MSCI Global Gold Miners ETF (NASDAQ:RING)

Hanson & Doremus Investment Management cut its position in shares of iShares MSCI Global Gold Miners ETF (NASDAQ:RING) by 33.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,289 shares of the exchange traded fund’s stock after selling 645 shares during the period. Hanson & Doremus Investment Management’s holdings in iShares MSCI Global Gold Miners ETF were worth $36,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Versant Capital Management Inc boosted its position in shares of iShares MSCI Global Gold Miners ETF by 15.4% during the 4th quarter. Versant Capital Management Inc now owns 76,541 shares of the exchange traded fund’s stock valued at $2,152,000 after acquiring an additional 10,209 shares during the last quarter. Fisher Asset Management LLC purchased a new stake in iShares MSCI Global Gold Miners ETF during the third quarter valued at $245,000. Finally, Strategic Investment Solutions Inc. IL bought a new position in iShares MSCI Global Gold Miners ETF during the second quarter valued at $43,000.

iShares MSCI Global Gold Miners ETF Stock Up 4.2 %

Shares of NASDAQ:RING opened at $32.82 on Friday. The firm has a fifty day simple moving average of $30.07 and a two-hundred day simple moving average of $31.36. The stock has a market capitalization of $1.01 billion, a P/E ratio of 28.50 and a beta of 0.75. iShares MSCI Global Gold Miners ETF has a 52 week low of $20.18 and a 52 week high of $36.50.

iShares MSCI Global Gold Miners ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.216 per share. The ex-dividend date was Tuesday, December 17th.

iShares MSCI Global Gold Miners ETF Profile

The iShares MSCI Global Gold Miners ETF (RING) is an exchange-traded fund that is based on the MSCI ACWI Select Gold Miners IMI index, a market-cap-weighted index of companies that generate revenue primarily from gold mining. RING was launched on Jan 31, 2012 and is managed by BlackRock.