Syon Capital LLC Has $12.14 Million Stock Position in iShares MSCI Global Gold Miners ETF $RING

Syon Capital LLC lifted its stake in shares of iShares MSCI Global Gold Miners ETF (NASDAQ:RING) by 53.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 187,958 shares of the exchange traded fund’s stock after purchasing an additional 65,538 shares during the quarter. Syon Capital LLC’s holdings in iShares MSCI Global Gold Miners ETF were worth $12,142,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Janney Montgomery Scott LLC bought a new stake in iShares MSCI Global Gold Miners ETF in the 1st quarter valued at about $1,290,000. Climber Capital SA acquired a new position in iShares MSCI Global Gold Miners ETF during the 4th quarter worth approximately $4,383,000. Trust Co. of Vermont bought a new position in iShares MSCI Global Gold Miners ETF in the second quarter worth approximately $42,000. United Capital Financial Advisors LLC bought a new position in iShares MSCI Global Gold Miners ETF in the third quarter worth approximately $285,000. Finally, NewEdge Advisors LLC boosted its holdings in iShares MSCI Global Gold Miners ETF by 736.3% in the first quarter. NewEdge Advisors LLC now owns 11,290 shares of the exchange traded fund’s stock worth $433,000 after acquiring an additional 9,940 shares in the last quarter.

iShares MSCI Global Gold Miners ETF Stock Performance

Shares of iShares MSCI Global Gold Miners ETF stock opened at $89.09 on Friday. The stock has a market capitalization of $2.93 billion, a PE ratio of 19.24 and a beta of 0.67. iShares MSCI Global Gold Miners ETF has a 52 week low of $54.64 and a 52 week high of $100.41. The stock has a 50 day moving average price of $72.80 and a two-hundred day moving average price of $77.32.

iShares MSCI Global Gold Miners ETF Announces Dividend

The company also recently announced a semiannual dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.5264 dividend. This represents a dividend yield of 143.0%. The ex-dividend date was Monday, June 15th.

iShares MSCI Global Gold Miners ETF 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.