iShares MSCI Global Gold Miners ETF (NASDAQ:RING) Hits New 52-Week High at $34.18

iShares MSCI Global Gold Miners ETF (NASDAQ:RING) shares hit a new 52-week high on Monday . The company traded as high as $34.18 and last traded at $34.15, with a volume of 6975 shares changing hands. The stock had previously closed at $33.74.

iShares MSCI Global Gold Miners ETF Trading Up 1.7 %

The stock’s fifty day moving average price is $31.31 and its two-hundred day moving average price is $28.56. The firm has a market capitalization of $627.87 million, a price-to-earnings ratio of 28.50 and a beta of 0.75.

Institutional Trading of iShares MSCI Global Gold Miners ETF

Institutional investors have recently bought and sold shares of the business. Strategic Investment Solutions Inc. IL purchased a new position in shares of iShares MSCI Global Gold Miners ETF in the 2nd quarter valued at about $43,000. Deane Retirement Strategies Inc. purchased a new position in iShares MSCI Global Gold Miners ETF in the second quarter valued at approximately $53,000. Family Firm Inc. increased its stake in iShares MSCI Global Gold Miners ETF by 1.6% in the first quarter. Family Firm Inc. now owns 34,170 shares of the exchange traded fund’s stock valued at $864,000 after purchasing an additional 527 shares during the last quarter. Aspect Partners LLC acquired a new stake in iShares MSCI Global Gold Miners ETF during the fourth quarter worth approximately $1,114,000. Finally, Versant Capital Management Inc lifted its position in shares of iShares MSCI Global Gold Miners ETF by 12.0% during the 1st quarter. Versant Capital Management Inc now owns 67,008 shares of the exchange traded fund’s stock worth $1,695,000 after buying an additional 7,171 shares during the last quarter.

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.