iShares MSCI Global Metals & Mining Producers ETFPICK
PICK
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
4,174% more call options, than puts
Call options by funds: $2.99M | Put options by funds: $70K
17% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 41
0.69% less ownership
Funds ownership: 59.61% [Q3] → 58.92% (-0.69%) [Q4]
3% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 29
4% less funds holding
Funds holding: 157 [Q3] → 151 (-6) [Q4]
22% less capital invested
Capital invested by funds: $582M [Q3] → $456M (-$126M) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for PICK.
Financial journalist opinion
Neutral
Benzinga
2 months ago
China's Metal Markets Are Stirring - Here's What It Means for Commodity Investors
China's metal markets are waking up post-Lunar New Year, and JPMorgan analyst Dominic O'Kane is tracking some eye-catching trends.
Positive
Seeking Alpha
2 months ago
PICK: Amid Tariffs, A Macro Tide Shift Favors This Resource-Focused Fund (Rating Upgrade)
I upgrade iShares MSCI Global Metals & Mining Producers ETF to a buy due to favorable macro shifts, low valuation, and bullish technical patterns. PICK's portfolio focuses on large-cap value stocks in diversified metals and mining, with BHP Group as the largest holding. Despite recent underperformance, PICK's attractive price-to-earnings ratio and strong EPS growth rate make it a compelling investment.
Neutral
Seeking Alpha
2 months ago
An Update On The PICK ETF With U.S. Tariffs On Steel And Aluminum
The PICK ETF is favored for its diversified exposure to base metals, despite short-term bearish trends, with potential for gains as the sector recovers. Tariffs and sanctions, particularly from the Trump administration, could distort metal prices, but Chinese demand remains the critical factor for price direction. PICK ETF has remained in a trading range, with technical support at $34.60 and $31.86, and a scale-down approach is recommended for adding positions.
Neutral
Seeking Alpha
5 months ago
PICK: Dollar Strength Weighs, Frustration Continues
PICK ETF has a low P/E ratio and high dividend yield but struggles due to a weak technical situation and features high concentration risk. The ETF's performance is heavily influenced by the US Dollar Index and its significant exposure to both US and foreign SMID caps. PICK's top holdings, including BHP, Rio Tinto, Freeport-McMoRan, and Glencore, require close monitoring for fundamental and technical cues.
Positive
InvestorPlace
10 months ago
3 Mining Stocks to Buy to Unearth Precious Profits
Investors are increasingly looking for robust mining stocks to buy as we approach the second half of 2024. The recovery of the global economy has fueled demand for various metals, from precious metals like gold and silver to base metals like copper and nickel.
Positive
Seeking Alpha
10 months ago
PICK: Mining Companies Could Outperform The Metals
Increasing demand for base metals is driven by green energy initiatives, supporting higher prices. Copper prices have rallied significantly in Q2 2024. Sanctions on Russia and rising nonferrous metals prices are bullish for mining companies, creating potential investment opportunities in the sector.
Positive
Seeking Alpha
1 year ago
Bullish On Metals And Mining - Get Your PICK?
Inflation is likely to accelerate and investors should consider hedges against it. PICK has a competitive management fee, a meaningful dividend, and a relatively low percentage of U.S. equities (for a global fund). The Fund's exclusion of silver and gold miners is a drawback, and the Fund has not performed well relative to the broad market and one of its competitors.
Positive
Seeking Alpha
1 year ago
PICK: Metal Recovery To Further Improve Valuation Discount
The iShares MSCI Global Metals & Mining Producers ETF has performed well of late, driven by the strong rally in copper and iron ore prices. The ETF is already trading at a large discount to the broader market, and the metal price recovery should further support the valuation argument. The main risk comes from the PICK's high beta to the overall US market and the increasing risk of a sharp correction amid widespread optimism of interest rate cuts.
Positive
Seeking Alpha
1 year ago
There Could Be A Simple Explanation For The Dax Moonshot Move
The German stock market has gone parabolic in an exceptionally strong move, after meandering over the summer months with sub-par economic releases. The surface reason for this division is that the vast majority of German earnings are not driven by the domestic economy but by their multinational operations.
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