Sanctuary Advisors LLC Has $397,000 Stock Holdings in iShares U.S. Basic Materials ETF (NYSEARCA:IYM)

Sanctuary Advisors LLC lessened its holdings in shares of iShares U.S. Basic Materials ETF (NYSEARCA:IYM) by 28.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,869 shares of the company’s stock after selling 1,133 shares during the period. Sanctuary Advisors LLC owned approximately 0.06% of iShares U.S. Basic Materials ETF worth $397,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Signal Advisors Wealth LLC raised its holdings in iShares U.S. Basic Materials ETF by 3.2% in the 4th quarter. Signal Advisors Wealth LLC now owns 2,470 shares of the company’s stock valued at $321,000 after acquiring an additional 76 shares in the last quarter. Focus Financial Network Inc. raised its holdings in iShares U.S. Basic Materials ETF by 5.1% in the 4th quarter. Focus Financial Network Inc. now owns 1,704 shares of the company’s stock valued at $221,000 after acquiring an additional 83 shares in the last quarter. HighTower Advisors LLC raised its holdings in iShares U.S. Basic Materials ETF by 3.3% in the 3rd quarter. HighTower Advisors LLC now owns 3,522 shares of the company’s stock valued at $528,000 after acquiring an additional 111 shares in the last quarter. EP Wealth Advisors LLC raised its holdings in iShares U.S. Basic Materials ETF by 9.7% in the 3rd quarter. EP Wealth Advisors LLC now owns 1,269 shares of the company’s stock valued at $191,000 after acquiring an additional 112 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in iShares U.S. Basic Materials ETF by 11.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,635 shares of the company’s stock valued at $212,000 after acquiring an additional 169 shares in the last quarter.

iShares U.S. Basic Materials ETF Trading Down 2.1 %

IYM stock opened at $135.37 on Tuesday. iShares U.S. Basic Materials ETF has a 1-year low of $128.19 and a 1-year high of $153.55. The firm has a market cap of $527.94 million, a P/E ratio of 22.47 and a beta of 1.15. The business’s 50 day moving average is $135.64 and its 200-day moving average is $141.92.

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.