iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) Short Interest Update

iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 744,199 shares, a decline of 37.5% from the June 15th total of 1,190,318 shares. Based on an average daily trading volume, of 1,110,810 shares, the short-interest ratio is currently 0.7 days. Currently, 3.7% of the company’s shares are sold short.

iShares MSCI Global Metals & Mining Producers ETF Stock Down 2.7%

PICK opened at $56.66 on Friday. The stock has a market cap of $1.13 billion, a P/E ratio of 13.28 and a beta of 1.08. iShares MSCI Global Metals & Mining Producers ETF has a 12 month low of $37.88 and a 12 month high of $69.02. The company has a fifty day simple moving average of $62.02 and a 200 day simple moving average of $59.86.

Institutional Investors Weigh In On iShares MSCI Global Metals & Mining Producers ETF

Several large investors have recently modified their holdings of PICK. Vestor Capital LLC bought a new position in shares of iShares MSCI Global Metals & Mining Producers ETF during the 1st quarter valued at about $11,714,000. Allied Investment Advisors LLC bought a new stake in iShares MSCI Global Metals & Mining Producers ETF during the 4th quarter worth approximately $3,613,000. CoreCap Advisors LLC increased its stake in iShares MSCI Global Metals & Mining Producers ETF by 36.3% during the 2nd quarter. CoreCap Advisors LLC now owns 81,242 shares of the company’s stock worth $4,724,000 after purchasing an additional 21,628 shares in the last quarter. Miller Global Investments LLC acquired a new stake in iShares MSCI Global Metals & Mining Producers ETF during the 4th quarter worth approximately $1,003,000. Finally, Leuthold Group LLC bought a new position in iShares MSCI Global Metals & Mining Producers ETF in the fourth quarter valued at approximately $936,000.

iShares MSCI Global Metals & Mining Producers ETF Company Profile

The iShares MSCI Global Metals & Mining Producers ETF (PICK) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-cap-weighted index of global metals mining, extraction or production firms, excluding gold and silver mining firms. PICK was launched on Jan 31, 2012 and is managed by BlackRock.