Prospera Financial Services Inc Has $1.31 Million Position in iShares U.S. Basic Materials ETF (NYSEARCA:IYM)

Prospera Financial Services Inc raised its position in shares of iShares U.S. Basic Materials ETF (NYSEARCA:IYM) by 34.9% in the 3rd quarter, Holdings Channel reports. The firm owned 8,739 shares of the company’s stock after acquiring an additional 2,263 shares during the period. Prospera Financial Services Inc’s holdings in iShares U.S. Basic Materials ETF were worth $1,312,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of IYM. CWM LLC increased its holdings in iShares U.S. Basic Materials ETF by 15.3% in the third quarter. CWM LLC now owns 724 shares of the company’s stock worth $109,000 after purchasing an additional 96 shares in the last quarter. Focus Financial Network Inc. raised its position in iShares U.S. Basic Materials ETF by 7.4% in the third quarter. Focus Financial Network Inc. now owns 1,621 shares of the company’s stock worth $243,000 after acquiring an additional 111 shares during the period. Foguth Wealth Management LLC. increased its stake in shares of iShares U.S. Basic Materials ETF by 5.5% during the 2nd quarter. Foguth Wealth Management LLC. now owns 2,665 shares of the company’s stock worth $373,000 after purchasing an additional 139 shares during the last quarter. Fairfield Financial Advisors LTD bought a new position in iShares U.S. Basic Materials ETF during the second quarter worth about $45,000. Finally, Reston Wealth Management LLC bought a new stake in iShares U.S. Basic Materials ETF during the 3rd quarter valued at $50,000.

iShares U.S. Basic Materials ETF Stock Up 0.9 %

Shares of IYM opened at $146.04 on Friday. iShares U.S. Basic Materials ETF has a twelve month low of $128.54 and a twelve month high of $153.55. The stock has a market cap of $671.78 million, a PE ratio of 13.76 and a beta of 0.87. The business’s 50-day moving average price is $147.93 and its 200-day moving average price is $144.40.

iShares U.S. Basic Materials ETF Company 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.