iShares MSCI Global Gold Miners ETF (NASDAQ:RING) Share Price Pass Below 50 Day Moving Average of $23.02

iShares MSCI Global Gold Miners ETF (NASDAQ:RING)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $23.02 and traded as low as $21.81. iShares MSCI Global Gold Miners ETF shares last traded at $21.99, with a volume of 22,203 shares.

The firm’s 50-day moving average price is $22.98 and its two-hundred day moving average price is $19.75.

A hedge fund recently bought a new stake in iShares MSCI Global Gold Miners ETF stock. LS Investment Advisors LLC acquired a new position in shares of iShares MSCI Global Gold Miners ETF (NASDAQ:RING) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,000 shares of the exchange traded fund’s stock, valued at approximately $41,000.

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