Syon Capital LLC Cuts Stock Position in iShares MSCI Global Gold Miners ETF $RING

Syon Capital LLC decreased its holdings in shares of iShares MSCI Global Gold Miners ETF (NASDAQ:RING) by 10.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 174,581 shares of the exchange traded fund’s stock after selling 19,466 shares during the quarter. Syon Capital LLC’s holdings in iShares MSCI Global Gold Miners ETF were worth $11,297,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp raised its position in iShares MSCI Global Gold Miners ETF by 55.0% in the third quarter. Jones Financial Companies Lllp now owns 22,940 shares of the exchange traded fund’s stock valued at $1,463,000 after purchasing an additional 8,141 shares during the period. GPS Wealth Strategies Group LLC grew its stake in shares of iShares MSCI Global Gold Miners ETF by 20.9% in the third quarter. GPS Wealth Strategies Group LLC now owns 20,452 shares of the exchange traded fund’s stock valued at $1,323,000 after buying an additional 3,533 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of iShares MSCI Global Gold Miners ETF by 736.3% during the 1st quarter. NewEdge Advisors LLC now owns 11,290 shares of the exchange traded fund’s stock valued at $433,000 after buying an additional 9,940 shares during the period. Strategic Blueprint LLC lifted its position in iShares MSCI Global Gold Miners ETF by 6.9% during the 3rd quarter. Strategic Blueprint LLC now owns 5,843 shares of the exchange traded fund’s stock worth $378,000 after acquiring an additional 376 shares in the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new position in iShares MSCI Global Gold Miners ETF during the 2nd quarter worth approximately $100,000.

iShares MSCI Global Gold Miners ETF Stock Down 3.2%

Shares of NASDAQ:RING opened at $86.47 on Wednesday. The company has a market capitalization of $3.52 billion, a price-to-earnings ratio of 19.24 and a beta of 0.50. The company has a 50 day moving average of $81.35 and a two-hundred day moving average of $67.99. iShares MSCI Global Gold Miners ETF has a 52-week low of $31.95 and a 52-week high of $98.00.

iShares MSCI Global Gold Miners ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a dividend of $0.3775 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 105.0%.

About iShares MSCI Global Gold Miners ETF

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.