Bessemer Group Inc. Buys 3,030 Shares of iShares Global Materials ETF (NYSEARCA:MXI)

Bessemer Group Inc. increased its stake in shares of iShares Global Materials ETF (NYSEARCA:MXI) by 195.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,578 shares of the company’s stock after acquiring an additional 3,030 shares during the quarter. Bessemer Group Inc. owned approximately 0.16% of iShares Global Materials ETF worth $356,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Raymond James Financial Inc. acquired a new stake in shares of iShares Global Materials ETF in the 4th quarter valued at about $377,000. Wells Fargo & Company MN grew its stake in iShares Global Materials ETF by 2,508.9% in the fourth quarter. Wells Fargo & Company MN now owns 62,171 shares of the company’s stock valued at $4,831,000 after acquiring an additional 59,788 shares during the period. OLD Mission Capital LLC increased its holdings in shares of iShares Global Materials ETF by 55.9% during the fourth quarter. OLD Mission Capital LLC now owns 7,118 shares of the company’s stock valued at $553,000 after acquiring an additional 2,553 shares in the last quarter. National Bank of Canada FI raised its position in shares of iShares Global Materials ETF by 6,392.5% during the fourth quarter. National Bank of Canada FI now owns 46,876 shares of the company’s stock worth $3,642,000 after purchasing an additional 46,154 shares during the period. Finally, Sava Infond d.o.o. bought a new position in shares of iShares Global Materials ETF in the 4th quarter worth $684,000.

iShares Global Materials ETF Trading Down 0.3 %

Shares of MXI stock opened at $79.34 on Wednesday. iShares Global Materials ETF has a 12 month low of $71.02 and a 12 month high of $94.38. The firm has a market capitalization of $222.15 million, a PE ratio of 18.66 and a beta of 0.99. The firm has a fifty day simple moving average of $81.66 and a two-hundred day simple moving average of $83.52.

iShares Global Materials ETF Company 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).