iShares MSCI Global Gold Miners ETF (NASDAQ:RING – Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $37.45 and traded as high as $40.99. iShares MSCI Global Gold Miners ETF shares last traded at $40.86, with a volume of 342,102 shares traded.
iShares MSCI Global Gold Miners ETF Price Performance
The company has a market capitalization of $1.37 billion, a P/E ratio of 20.04 and a beta of 0.75. The company has a fifty day moving average price of $37.70 and a 200 day moving average price of $33.70.
Hedge Funds Weigh In On iShares MSCI Global Gold Miners ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new stake in shares of iShares MSCI Global Gold Miners ETF in the 4th quarter valued at approximately $6,052,000. Bearing Point Capital LLC acquired a new position in iShares MSCI Global Gold Miners ETF in the fourth quarter worth approximately $2,556,000. Versant Capital Management Inc raised its holdings 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 purchasing an additional 10,209 shares in the last quarter. Climber Capital SA acquired a new stake in iShares MSCI Global Gold Miners ETF in the 4th quarter worth approximately $1,821,000. Finally, Family Firm Inc. grew its stake in iShares MSCI Global Gold Miners ETF by 7.1% in the 1st quarter. Family Firm Inc. now owns 45,160 shares of the exchange traded fund’s stock valued at $1,732,000 after buying an additional 2,987 shares during the last quarter.
iShares MSCI Global Gold Miners ETF Company 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.
See Also
- Five stocks we like better than iShares MSCI Global Gold Miners ETF
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Deep-Sea Mining Announcement Send Traders to Rio Tinto Stock
- Where Do I Find 52-Week Highs and Lows?
- 3 Biotech Giants Gaining From U.S. Sales and Policy Shifts
- The Role Economic Reports Play in a Successful Investment Strategy
- Waste Management Stock: Tariff Proof, But Overbought?
Receive News & Ratings for iShares MSCI Global Gold Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Global Gold Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.
