Wells Fargo & Company MN Has $4.83 Million Holdings in iShares Global Materials ETF (NYSEARCA:MXI)

Wells Fargo & Company MN increased its holdings in iShares Global Materials ETF (NYSEARCA:MXI) by 2,508.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,171 shares of the company’s stock after acquiring an additional 59,788 shares during the period. Wells Fargo & Company MN’s holdings in iShares Global Materials ETF were worth $4,831,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Perigon Wealth Management LLC increased its position in iShares Global Materials ETF by 4.2% in the 4th quarter. Perigon Wealth Management LLC now owns 3,751 shares of the company’s stock worth $300,000 after purchasing an additional 150 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of iShares Global Materials ETF by 85.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 380 shares of the company’s stock worth $30,000 after buying an additional 175 shares during the last quarter. Jones Financial Companies Lllp boosted its position in iShares Global Materials ETF by 45.2% during the fourth quarter. Jones Financial Companies Lllp now owns 1,159 shares of the company’s stock worth $90,000 after purchasing an additional 361 shares during the period. FMR LLC grew its stake in iShares Global Materials ETF by 160.2% in the 3rd quarter. FMR LLC now owns 601 shares of the company’s stock valued at $56,000 after buying an additional 370 shares during the last quarter. Finally, Tyler Stone Wealth Management grew its position in shares of iShares Global Materials ETF by 20.3% in the fourth quarter. Tyler Stone Wealth Management now owns 3,137 shares of the company’s stock valued at $244,000 after purchasing an additional 530 shares during the last quarter.

iShares Global Materials ETF Stock Up 0.7 %

Shares of NYSEARCA MXI opened at $79.71 on Monday. iShares Global Materials ETF has a 12 month low of $71.02 and a 12 month high of $94.38. The business’s 50 day moving average is $81.47 and its two-hundred day moving average is $83.18. The company has a market cap of $223.19 million, a P/E ratio of 18.66 and a beta of 0.99.

About iShares Global Materials ETF

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).