Centaurus Financial Inc. Purchases Shares of 3,203 iShares U.S. Basic Materials ETF (NYSEARCA:IYM)

Centaurus Financial Inc. purchased a new stake in shares of iShares U.S. Basic Materials ETF (NYSEARCA:IYM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 3,203 shares of the company’s stock, valued at approximately $418,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in IYM. Trustcore Financial Services LLC bought a new position in iShares U.S. Basic Materials ETF in the 2nd quarter worth $26,000. Providence Capital Advisors LLC bought a new position in iShares U.S. Basic Materials ETF in the 2nd quarter worth $49,000. Aptus Capital Advisors LLC raised its holdings in iShares U.S. Basic Materials ETF by 364.7% in the 2nd quarter. Aptus Capital Advisors LLC now owns 646 shares of the company’s stock worth $84,000 after purchasing an additional 507 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in iShares U.S. Basic Materials ETF by 20.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 858 shares of the company’s stock worth $113,000 after purchasing an additional 144 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its holdings in iShares U.S. Basic Materials ETF by 107.4% in the 2nd quarter. Arkadios Wealth Advisors now owns 979 shares of the company’s stock worth $127,000 after purchasing an additional 507 shares in the last quarter.

Shares of NYSEARCA IYM opened at $129.13 on Wednesday. iShares U.S. Basic Materials ETF has a 12 month low of $94.57 and a 12 month high of $141.81. The firm has a fifty day simple moving average of $131.36 and a two-hundred day simple moving average of $131.05.

Further Reading: The risks of owning bonds

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

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