Hopwood Financial Services Inc. Takes $49,000 Position in iShares Global Materials ETF (NYSEARCA:MXI)

Hopwood Financial Services Inc. bought a new stake in shares of iShares Global Materials ETF (NYSEARCA:MXI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 627 shares of the company’s stock, valued at approximately $49,000.

Other large investors have also recently modified their holdings of the company. Steward Partners Investment Advisory LLC grew its position in iShares Global Materials ETF by 85.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 380 shares of the company’s stock valued at $30,000 after acquiring an additional 175 shares during the last quarter. FMR LLC lifted its stake in shares of iShares Global Materials ETF by 160.2% during the 3rd quarter. FMR LLC now owns 601 shares of the company’s stock worth $56,000 after purchasing an additional 370 shares during the last quarter. Jones Financial Companies Lllp raised its stake in iShares Global Materials ETF by 45.2% in the fourth quarter. Jones Financial Companies Lllp now owns 1,159 shares of the company’s stock valued at $90,000 after buying an additional 361 shares during the last quarter. YANKCOM Partnership purchased a new stake in iShares Global Materials ETF in the fourth quarter valued at about $123,000. Finally, Allworth Financial LP purchased a new stake in iShares Global Materials ETF in the fourth quarter valued at about $136,000.

iShares Global Materials ETF Stock Performance

iShares Global Materials ETF stock opened at $82.42 on Thursday. The stock has a 50-day moving average of $81.53 and a two-hundred day moving average of $84.95. The stock has a market cap of $214.29 million, a PE ratio of 20.07 and a beta of 1.03. iShares Global Materials ETF has a one year low of $77.02 and a one year high of $94.38.

About iShares Global Materials ETF

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).