E Fund Management Co. Ltd. Has $4.03 Million Stock Holdings in iShares MSCI Global Gold Miners ETF (NASDAQ:RING)

E Fund Management Co. Ltd. grew its position in iShares MSCI Global Gold Miners ETF (NASDAQ:RING) by 6.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 145,840 shares of the exchange traded fund’s stock after purchasing an additional 8,739 shares during the period. E Fund Management Co. Ltd. owned about 0.80% of iShares MSCI Global Gold Miners ETF worth $4,027,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Family Firm Inc. raised its holdings in shares of iShares MSCI Global Gold Miners ETF by 1.6% during the first quarter. Family Firm Inc. now owns 34,170 shares of the exchange traded fund’s stock worth $864,000 after acquiring an additional 527 shares during the period. Deane Retirement Strategies Inc. acquired a new stake in shares of iShares MSCI Global Gold Miners ETF during the second quarter worth $53,000. Versant Capital Management Inc raised its holdings in shares of iShares MSCI Global Gold Miners ETF by 12.0% during the first quarter. Versant Capital Management Inc now owns 67,008 shares of the exchange traded fund’s stock worth $1,695,000 after acquiring an additional 7,171 shares during the period. Aspect Partners LLC acquired a new stake in shares of iShares MSCI Global Gold Miners ETF during the fourth quarter worth $1,114,000. Finally, OLD Mission Capital LLC raised its holdings in shares of iShares MSCI Global Gold Miners ETF by 88.9% during the first quarter. OLD Mission Capital LLC now owns 605,567 shares of the exchange traded fund’s stock worth $15,315,000 after acquiring an additional 285,006 shares during the period.

iShares MSCI Global Gold Miners ETF Stock Down 0.7 %

Shares of NASDAQ:RING opened at $32.98 on Wednesday. iShares MSCI Global Gold Miners ETF has a 12 month low of $19.73 and a 12 month high of $33.61. The company’s fifty day simple moving average is $31.16 and its 200 day simple moving average is $28.34. The firm has a market cap of $603.53 million, a price-to-earnings ratio of 28.50 and a beta of 0.75.

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.