Whittier Trust Co. of Nevada Inc. Has $108,000 Holdings in iShares U.S. Basic Materials ETF (NYSEARCA:IYM)

Whittier Trust Co. of Nevada Inc. grew its stake in iShares U.S. Basic Materials ETF (NYSEARCA:IYM) by 65.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 829 shares of the company’s stock after buying an additional 329 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in iShares U.S. Basic Materials ETF were worth $108,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new stake in shares of iShares U.S. Basic Materials ETF in the third quarter worth $26,000. BankPlus Trust Department bought a new stake in shares of iShares U.S. Basic Materials ETF in the fourth quarter worth $28,000. Farmers & Merchants Investments Inc. bought a new stake in iShares U.S. Basic Materials ETF during the fourth quarter worth $42,000. Truvestments Capital LLC bought a new stake in iShares U.S. Basic Materials ETF during the third quarter worth $71,000. Finally, IFP Advisors Inc raised its position in iShares U.S. Basic Materials ETF by 146.5% during the fourth quarter. IFP Advisors Inc now owns 673 shares of the company’s stock worth $87,000 after acquiring an additional 400 shares in the last quarter.

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

NYSEARCA IYM opened at $134.73 on Monday. The firm’s fifty day moving average price is $137.18 and its two-hundred day moving average price is $141.06. iShares U.S. Basic Materials ETF has a 1 year low of $128.19 and a 1 year high of $153.55. The firm has a market capitalization of $511.97 million, a P/E ratio of 24.29 and a beta of 1.15.

About iShares U.S. Basic Materials ETF

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.