1,031 Shares in iShares U.S. Basic Materials ETF $IYM Acquired by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC bought a new position in shares of iShares U.S. Basic Materials ETF (NYSEARCA:IYM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,031 shares of the company’s stock, valued at approximately $144,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fifth Third Securities Inc. raised its holdings in iShares U.S. Basic Materials ETF by 4.3% during the second quarter. Fifth Third Securities Inc. now owns 4,680 shares of the company’s stock worth $655,000 after purchasing an additional 191 shares in the last quarter. CX Institutional bought a new stake in iShares U.S. Basic Materials ETF during the second quarter worth approximately $67,000. Magnus Financial Group LLC raised its holdings in iShares U.S. Basic Materials ETF by 4.1% during the second quarter. Magnus Financial Group LLC now owns 1,944 shares of the company’s stock worth $272,000 after purchasing an additional 76 shares in the last quarter. Park Avenue Securities LLC raised its holdings in iShares U.S. Basic Materials ETF by 17.2% during the second quarter. Park Avenue Securities LLC now owns 3,278 shares of the company’s stock worth $459,000 after purchasing an additional 480 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in iShares U.S. Basic Materials ETF by 4,600.0% during the second quarter. Farther Finance Advisors LLC now owns 282 shares of the company’s stock worth $39,000 after purchasing an additional 276 shares in the last quarter.

iShares U.S. Basic Materials ETF Stock Performance

NYSEARCA IYM opened at $151.57 on Thursday. The stock has a market capitalization of $538.07 million, a P/E ratio of 22.43 and a beta of 1.14. iShares U.S. Basic Materials ETF has a 1 year low of $115.07 and a 1 year high of $153.55. The business’s fifty day moving average is $147.09 and its two-hundred day moving average is $139.52.

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.