Geneos Wealth Management Inc. boosted its stake in iShares U.S. Basic Materials ETF (NYSEARCA:IYM – Free Report) by 25.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,538 shares of the company’s stock after buying an additional 310 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares U.S. Basic Materials ETF were worth $200,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB bought a new stake in shares of iShares U.S. Basic Materials ETF in the third quarter valued at about $26,000. Reston Wealth Management LLC bought a new stake in iShares U.S. Basic Materials ETF in the 3rd quarter valued at about $50,000. Truvestments Capital LLC acquired a new position in shares of iShares U.S. Basic Materials ETF during the 3rd quarter worth approximately $71,000. CWM LLC grew its position in iShares U.S. Basic Materials ETF by 15.3% during the third quarter. CWM LLC now owns 724 shares of the company’s stock worth $109,000 after buying an additional 96 shares in the last quarter. Finally, EP Wealth Advisors LLC grew its position in iShares U.S. Basic Materials ETF by 9.7% during the third quarter. EP Wealth Advisors LLC now owns 1,269 shares of the company’s stock worth $191,000 after buying an additional 112 shares in the last quarter.
iShares U.S. Basic Materials ETF Price Performance
Shares of NYSEARCA IYM opened at $138.35 on Friday. The business has a fifty day moving average price of $136.98 and a two-hundred day moving average price of $142.31. The stock has a market capitalization of $636.41 million, a PE ratio of 13.76 and a beta of 0.87. iShares U.S. Basic Materials ETF has a fifty-two week low of $128.19 and a fifty-two week high of $153.55.
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.
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