PICK Stock Summary and Trading Ideas (iShares MSCI Global Metals & Mining Producers ETF | BATS:PICK)

The iShares MSCI Global Select Metals & Mining Producers Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI ACWI Select Metals & Mining Producers Ex Gold & Silver Investable Market Index. The MSCI ACWI Select Metals & Mining Producers Ex Gold and Silver Investable Market Index measures the equity performance of companies in both developed and emerging markets that are primarily involved in the extraction and production of diversified metals, aluminum, steel and precious metals and minerals, excluding gold and silver.

iShares MSCI Global Metals & Mining Producers ETF trades on the BATS stock market under the symbol PICK.

As of April 16, 2024, PICK stock price declined to $42.36 with 923,000 million shares trading.

PICK has a beta of 1.02, meaning it tends to be more sensitive to market movements. PICK has a correlation of 0.31 to the broad based SPY ETF.

PICK has a market cap of $1.14 billion. This is considered a Small Cap stock.

In the last 3 years, PICK stock traded as high as $53.00 and as low as $31.86.

PICK has underperformed the market in the last year with a return of +2.1%, while the SPY ETF gained +23.9%. In the last 3 month period, PICK fell short of the market, returning +3.7%, while SPY returned +6.1%. However, in the most recent 2 weeks PICK has outperformed the stock market by returning +1.2%, while SPY returned -3.4%.

PICK support price is $42.47 and resistance is $43.63 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PICK stock will trade within this expected range on the day.