Raymond James & Associates Increases Stake in iShares U.S. Basic Materials ETF (NYSEARCA:IYM)

Raymond James & Associates raised its stake in shares of iShares U.S. Basic Materials ETF (NYSEARCA:IYMGet Rating) by 34.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,088 shares of the company’s stock after buying an additional 11,769 shares during the quarter. Raymond James & Associates owned about 0.58% of iShares U.S. Basic Materials ETF worth $6,893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in IYM. Creative Financial Designs Inc. ADV bought a new position in shares of iShares U.S. Basic Materials ETF during the 1st quarter valued at approximately $30,000. Burleson & Company LLC bought a new position in shares of iShares U.S. Basic Materials ETF during the 1st quarter valued at approximately $56,000. Rockefeller Capital Management L.P. boosted its position in shares of iShares U.S. Basic Materials ETF by 179.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 430 shares of the company’s stock valued at $60,000 after acquiring an additional 276 shares during the last quarter. CWM LLC boosted its position in shares of iShares U.S. Basic Materials ETF by 14.7% during the 1st quarter. CWM LLC now owns 538 shares of the company’s stock valued at $80,000 after acquiring an additional 69 shares during the last quarter. Finally, Belpointe Asset Management LLC bought a new position in shares of iShares U.S. Basic Materials ETF during the 1st quarter valued at approximately $148,000.

iShares U.S. Basic Materials ETF Trading Up 0.1 %

NYSEARCA IYM opened at $118.46 on Friday. iShares U.S. Basic Materials ETF has a one year low of $110.35 and a one year high of $154.87. The stock has a 50 day moving average price of $121.51 and a 200-day moving average price of $133.59.

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Institutional Ownership by Quarter for iShares U.S. Basic Materials ETF (NYSEARCA:IYM)

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