GPS Wealth Strategies Group LLC Increases Position in iShares MSCI Global Gold Miners ETF $RING

GPS Wealth Strategies Group LLC increased its stake in iShares MSCI Global Gold Miners ETF (NASDAQ:RING) by 315.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,919 shares of the exchange traded fund’s stock after purchasing an additional 12,849 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in iShares MSCI Global Gold Miners ETF were worth $741,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in RING. Jones Financial Companies Lllp increased its holdings in shares of iShares MSCI Global Gold Miners ETF by 546.3% in the 1st quarter. Jones Financial Companies Lllp now owns 63,850 shares of the exchange traded fund’s stock valued at $2,715,000 after purchasing an additional 53,970 shares in the last quarter. Keystone Global Partners LLC increased its holdings in shares of iShares MSCI Global Gold Miners ETF by 190.1% in the 2nd quarter. Keystone Global Partners LLC now owns 46,892 shares of the exchange traded fund’s stock valued at $2,053,000 after purchasing an additional 30,727 shares in the last quarter. Advisors Preferred LLC purchased a new position in shares of iShares MSCI Global Gold Miners ETF in the 1st quarter valued at about $391,000. NewEdge Advisors LLC increased its holdings in shares of iShares MSCI Global Gold Miners ETF by 736.3% in the 1st quarter. NewEdge Advisors LLC now owns 11,290 shares of the exchange traded fund’s stock valued at $433,000 after purchasing an additional 9,940 shares in the last quarter. Finally, Strategic Blueprint LLC purchased a new position in shares of iShares MSCI Global Gold Miners ETF in the 2nd quarter valued at about $239,000.

iShares MSCI Global Gold Miners ETF Trading Up 3.7%

NASDAQ:RING opened at $60.44 on Thursday. The firm has a 50-day moving average price of $61.78 and a two-hundred day moving average price of $50.35. iShares MSCI Global Gold Miners ETF has a twelve month low of $27.69 and a twelve month high of $72.74. The company has a market capitalization of $2.38 billion, a P/E ratio of 19.24 and a beta of 0.50.

About iShares MSCI Global Gold Miners ETF

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.