1,484 Shares in iShares U.S. Basic Materials ETF (NYSEARCA:IYM) Purchased by Focus Financial Network Inc. ADV

Focus Financial Network Inc. ADV purchased a new position in iShares U.S. Basic Materials ETF (NYSEARCA:IYMFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,484 shares of the company’s stock, valued at approximately $205,000.

A number of other hedge funds also recently bought and sold shares of IYM. NBC Securities Inc. bought a new position in iShares U.S. Basic Materials ETF in the 3rd quarter worth about $42,000. Spire Wealth Management boosted its stake in iShares U.S. Basic Materials ETF by 55,580.0% in the 3rd quarter. Spire Wealth Management now owns 2,784 shares of the company’s stock worth $352,000 after purchasing an additional 2,779 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in iShares U.S. Basic Materials ETF in the 3rd quarter worth about $233,000. Pathstone Family Office LLC purchased a new position in iShares U.S. Basic Materials ETF in the 3rd quarter worth about $381,000. Finally, Blair William & Co. IL raised its position in iShares U.S. Basic Materials ETF by 145.8% in the 3rd quarter. Blair William & Co. IL now owns 204 shares of the company’s stock worth $26,000 after buying an additional 121 shares during the last quarter.

iShares U.S. Basic Materials ETF Stock Performance

Shares of NYSEARCA:IYM opened at $142.52 on Wednesday. iShares U.S. Basic Materials ETF has a fifty-two week low of $119.22 and a fifty-two week high of $149.79. The business has a 50-day simple moving average of $144.80 and a two-hundred day simple moving average of $138.89. The firm has a market cap of $655.59 million, a price-to-earnings ratio of 13.76 and a beta of 0.87.

About iShares U.S. Basic Materials ETF

(Free Report)

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.

See Also

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

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