Commonwealth Equity Services LLC Has $4.32 Million Stake in iShares U.S. Basic Materials ETF (NYSEARCA:IYM)

Commonwealth Equity Services LLC increased its holdings in shares of iShares U.S. Basic Materials ETF (NYSEARCA:IYM) by 6.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,224 shares of the company’s stock after buying an additional 1,978 shares during the period. Commonwealth Equity Services LLC owned 0.72% of iShares U.S. Basic Materials ETF worth $4,317,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Daiwa Securities Group Inc. raised its position in shares of iShares U.S. Basic Materials ETF by 13.6% during the 4th quarter. Daiwa Securities Group Inc. now owns 5,000 shares of the company’s stock valued at $650,000 after acquiring an additional 600 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares U.S. Basic Materials ETF by 926.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,357 shares of the company’s stock worth $696,000 after purchasing an additional 4,835 shares during the period. Raymond James Financial Inc. bought a new stake in iShares U.S. Basic Materials ETF in the fourth quarter valued at about $2,091,000. Steward Partners Investment Advisory LLC lifted its stake in iShares U.S. Basic Materials ETF by 6.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,910 shares of the company’s stock valued at $898,000 after buying an additional 420 shares during the period. Finally, Jones Financial Companies Lllp boosted its holdings in iShares U.S. Basic Materials ETF by 127.8% during the fourth quarter. Jones Financial Companies Lllp now owns 2,098 shares of the company’s stock worth $273,000 after buying an additional 1,177 shares during the last quarter.

iShares U.S. Basic Materials ETF Trading Down 0.9 %

iShares U.S. Basic Materials ETF stock opened at $134.73 on Monday. The firm has a market capitalization of $511.97 million, a P/E ratio of 24.29 and a beta of 1.15. The business has a 50-day moving average of $137.18 and a 200-day moving average of $141.06. iShares U.S. Basic Materials ETF has a 1 year low of $128.19 and a 1 year 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.