Aptus Capital Advisors LLC Cuts Stock Position in iShares U.S. Basic Materials ETF (NYSEARCA:IYM)

Aptus Capital Advisors LLC decreased its holdings in iShares U.S. Basic Materials ETF (NYSEARCA:IYMFree Report) by 13.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 567 shares of the company’s stock after selling 90 shares during the quarter. Aptus Capital Advisors LLC’s holdings in iShares U.S. Basic Materials ETF were worth $72,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IYM. Farther Finance Advisors LLC boosted its stake in shares of iShares U.S. Basic Materials ETF by 7,533.3% in the second quarter. Farther Finance Advisors LLC now owns 229 shares of the company’s stock valued at $30,000 after purchasing an additional 226 shares during the period. New Republic Capital LLC purchased a new position in shares of iShares U.S. Basic Materials ETF in the second quarter valued at approximately $35,000. Coastal Investment Advisors Inc. purchased a new position in shares of iShares U.S. Basic Materials ETF in the second quarter valued at approximately $37,000. NBC Securities Inc. purchased a new position in shares of iShares U.S. Basic Materials ETF in the third quarter valued at approximately $42,000. Finally, Belpointe Asset Management LLC boosted its stake in shares of iShares U.S. Basic Materials ETF by 104.5% in the first quarter. Belpointe Asset Management LLC now owns 321 shares of the company’s stock valued at $43,000 after purchasing an additional 164 shares during the period.

iShares U.S. Basic Materials ETF Stock Performance

NYSEARCA IYM opened at $133.85 on Tuesday. iShares U.S. Basic Materials ETF has a one year low of $119.22 and a one year high of $140.51. The firm has a 50 day simple moving average of $134.45 and a 200-day simple moving average of $130.63. The firm has a market cap of $796.41 million, a price-to-earnings ratio of 12.00 and a beta of 1.14.

iShares U.S. Basic Materials ETF Profile

(Free Report)

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.

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

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