25,408 Shares of iShares Global Materials ETF $MXI Acquired by Weil Company Inc.

Weil Company Inc. bought a new position in shares of iShares Global Materials ETF (NYSEARCA:MXI) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 25,408 shares of the company’s stock, valued at approximately $2,718,000.

Several other institutional investors have also recently made changes to their positions in MXI. BigSur Wealth Management LLC bought a new stake in iShares Global Materials ETF during the 3rd quarter valued at approximately $230,000. Farther Finance Advisors LLC lifted its holdings in iShares Global Materials ETF by 11.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,877 shares of the company’s stock worth $525,000 after purchasing an additional 484 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares Global Materials ETF by 18.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,722 shares of the company’s stock worth $606,000 after purchasing an additional 887 shares during the period. Integrated Wealth Concepts LLC bought a new position in iShares Global Materials ETF in the 2nd quarter worth approximately $117,000. Finally, Waverly Advisors LLC bought a new position in iShares Global Materials ETF in the 2nd quarter worth approximately $485,000.

iShares Global Materials ETF Price Performance

Shares of MXI opened at $107.68 on Thursday. iShares Global Materials ETF has a 1 year low of $87.82 and a 1 year high of $118.51. The company has a 50 day simple moving average of $111.76 and a two-hundred day simple moving average of $110.04. The firm has a market cap of $430.72 million, a P/E ratio of 18.88 and a beta of 0.88.

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.