JPMorgan Chase & Co. Cuts Position in iShares MSCI Global Gold Miners ETF $RING

JPMorgan Chase & Co. trimmed its position in shares of iShares MSCI Global Gold Miners ETF (NASDAQ:RING) by 2.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 241,776 shares of the exchange traded fund’s stock after selling 5,671 shares during the period. JPMorgan Chase & Co.’s holdings in iShares MSCI Global Gold Miners ETF were worth $15,645,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. GPS Wealth Strategies Group LLC lifted its stake in iShares MSCI Global Gold Miners ETF by 315.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 16,919 shares of the exchange traded fund’s stock worth $741,000 after acquiring an additional 12,849 shares in the last quarter. Jones Financial Companies Lllp increased its stake in iShares MSCI Global Gold Miners ETF by 55.0% during the third quarter. Jones Financial Companies Lllp now owns 22,940 shares of the exchange traded fund’s stock worth $1,463,000 after purchasing an additional 8,141 shares during the period. NewEdge Advisors LLC lifted its position in shares of iShares MSCI Global Gold Miners ETF by 736.3% during the first quarter. NewEdge Advisors LLC now owns 11,290 shares of the exchange traded fund’s stock worth $433,000 after purchasing an additional 9,940 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new position in shares of iShares MSCI Global Gold Miners ETF in the second quarter valued at approximately $100,000. Finally, Cloud Capital Management LLC acquired a new position in shares of iShares MSCI Global Gold Miners ETF in the third quarter valued at approximately $85,000.

iShares MSCI Global Gold Miners ETF Stock Down 8.7%

Shares of RING opened at $90.42 on Wednesday. The company has a market cap of $3.68 billion, a P/E ratio of 19.24 and a beta of 0.50. iShares MSCI Global Gold Miners ETF has a fifty-two week low of $32.67 and a fifty-two week high of $100.41. The firm’s 50 day moving average price is $85.43 and its 200 day moving average price is $71.17.

iShares MSCI Global Gold Miners ETF Dividend Announcement

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

iShares MSCI Global Gold Miners ETF Company Profile

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.