iShares U.S. Basic Materials ETF (NYSEARCA:IYM – Get Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as $166.23 and last traded at $166.15, with a volume of 29422 shares changing hands. The stock had previously closed at $164.94.
iShares U.S. Basic Materials ETF Stock Up 1.1%
The firm has a 50-day moving average price of $150.11 and a 200 day moving average price of $147.66. The firm has a market capitalization of $909.06 million, a PE ratio of 22.43 and a beta of 1.07.
Institutional Trading of iShares U.S. Basic Materials ETF
Large investors have recently made changes to their positions in the company. Jane Street Group LLC increased its position in shares of iShares U.S. Basic Materials ETF by 266.1% in the 1st quarter. Jane Street Group LLC now owns 5,707 shares of the company’s stock valued at $769,000 after purchasing an additional 4,148 shares during the last quarter. Sovran Advisors LLC raised its stake in iShares U.S. Basic Materials ETF by 37.1% in the second quarter. Sovran Advisors LLC now owns 3,830 shares of the company’s stock valued at $550,000 after buying an additional 1,036 shares in the last quarter. Focus Financial Network Inc. raised its stake in iShares U.S. Basic Materials ETF by 7.1% in the second quarter. Focus Financial Network Inc. now owns 1,850 shares of the company’s stock valued at $259,000 after buying an additional 123 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in iShares U.S. Basic Materials ETF by 5.4% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,818 shares of the company’s stock worth $552,000 after buying an additional 196 shares during the last quarter. Finally, CX Institutional purchased a new stake in iShares U.S. Basic Materials ETF during the 2nd quarter worth about $67,000.
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.
Recommended Stories
- Five stocks we like better than iShares U.S. Basic Materials ETF
- Early-Entry Player in the Race to Put AI Data Centers in Orbit
- A month before the crash
- Do not delete, read immediately
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Wall Street ‘Sleeper Stock’ Could Become #1 Stock of 2026
Receive News & Ratings for iShares U.S. Basic Materials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Basic Materials ETF and related companies with MarketBeat.com's FREE daily email newsletter.
