Stratos Wealth Advisors LLC purchased a new position in iShares U.S. Basic Materials ETF (NYSEARCA:IYM – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,101 shares of the company’s stock, valued at approximately $533,000.
Other large investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in iShares U.S. Basic Materials ETF during the 3rd quarter valued at approximately $26,000. Reston Wealth Management LLC acquired a new position in iShares U.S. Basic Materials ETF during the third quarter valued at $50,000. Truvestments Capital LLC purchased a new stake in iShares U.S. Basic Materials ETF in the third quarter valued at $71,000. CWM LLC grew its position in iShares U.S. Basic Materials ETF by 15.3% during the 3rd quarter. CWM LLC now owns 724 shares of the company’s stock worth $109,000 after purchasing an additional 96 shares during the period. Finally, EP Wealth Advisors LLC grew its position in iShares U.S. Basic Materials ETF by 9.7% during the 3rd quarter. EP Wealth Advisors LLC now owns 1,269 shares of the company’s stock worth $191,000 after purchasing an additional 112 shares during the period.
iShares U.S. Basic Materials ETF Stock Down 1.2 %
Shares of IYM stock opened at $136.96 on Friday. iShares U.S. Basic Materials ETF has a 52-week low of $128.19 and a 52-week high of $153.55. The stock has a market cap of $630.02 million, a PE ratio of 13.76 and a beta of 0.87. The business has a 50-day simple moving average of $135.88 and a 200-day simple moving average of $142.05.
About iShares U.S. Basic Materials ETF
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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