Bartlett & CO. Wealth Management LLC decreased its position in iShares U.S. Basic Materials ETF (NYSEARCA:IYM – Free Report) by 16.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,618 shares of the company’s stock after selling 320 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in iShares U.S. Basic Materials ETF were worth $210,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company acquired a new stake in iShares U.S. Basic Materials ETF during the 2nd quarter worth about $43,121,000. BNP Paribas Financial Markets acquired a new stake in shares of iShares U.S. Basic Materials ETF during the 3rd quarter valued at about $7,508,000. NewEdge Advisors LLC grew its position in shares of iShares U.S. Basic Materials ETF by 1,626.1% during the 2nd quarter. NewEdge Advisors LLC now owns 14,413 shares of the company’s stock valued at $2,018,000 after acquiring an additional 13,578 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of iShares U.S. Basic Materials ETF during the 2nd quarter valued at about $746,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of iShares U.S. Basic Materials ETF during the 3rd quarter valued at about $385,000.
iShares U.S. Basic Materials ETF Trading Down 0.2 %
IYM stock opened at $137.38 on Friday. The business’s 50-day moving average is $137.57 and its 200 day moving average is $142.43. iShares U.S. Basic Materials ETF has a 12-month low of $128.19 and a 12-month high of $153.55. The stock has a market cap of $631.95 million, a price-to-earnings ratio of 13.76 and a beta of 0.87.
iShares U.S. Basic Materials ETF Profile
The iShares U.S. Basic Materials ETF (IYM) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a broad, market-cap-weighted index of US basic materials companies that includes raw materials such as metals, chemicals and forestry products. IYM was launched on Jun 12, 2000 and is managed by BlackRock.
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