iShares MSCI Global Gold Miners ETF (NASDAQ:RING) Sees Large Volume Increase

iShares MSCI Global Gold Miners ETF (NASDAQ:RING) saw unusually-high trading volume on Wednesday . Approximately 199,841 shares traded hands during mid-day trading, an increase of 74% from the previous session’s volume of 114,959 shares.The stock last traded at $30.89 and had previously closed at $30.44.

iShares MSCI Global Gold Miners ETF Stock Performance

The stock’s 50 day simple moving average is $28.59 and its two-hundred day simple moving average is $25.67. The firm has a market capitalization of $545.22 million, a PE ratio of 28.50 and a beta of 0.75.

iShares MSCI Global Gold Miners ETF Dividend Announcement

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a $0.1856 dividend. The ex-dividend date was Tuesday, June 11th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Family Firm Inc. lifted its stake in iShares MSCI Global Gold Miners ETF by 1.6% in the 1st quarter. Family Firm Inc. now owns 34,170 shares of the exchange traded fund’s stock worth $864,000 after purchasing an additional 527 shares in the last quarter. Deane Retirement Strategies Inc. acquired a new stake in shares of iShares MSCI Global Gold Miners ETF during the 2nd quarter worth approximately $53,000. Versant Capital Management Inc increased its holdings 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. Aspect Partners LLC acquired a new stake in shares of iShares MSCI Global Gold Miners ETF during the 4th quarter worth approximately $1,114,000. Finally, OLD Mission Capital LLC increased its holdings in shares of iShares MSCI Global Gold Miners ETF by 88.9% during the 1st quarter. OLD Mission Capital LLC now owns 605,567 shares of the exchange traded fund’s stock worth $15,315,000 after buying an additional 285,006 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.