&Partners Makes New $570,000 Investment in iShares U.S. Basic Materials ETF (NYSEARCA:IYM)

&Partners acquired a new position in shares of iShares U.S. Basic Materials ETF (NYSEARCA:IYM) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 3,856 shares of the company’s stock, valued at approximately $570,000. &Partners owned about 0.09% of iShares U.S. Basic Materials ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sachetta LLC acquired a new position in iShares U.S. Basic Materials ETF during the 4th quarter valued at approximately $4,822,000. International Assets Investment Management LLC acquired a new position in iShares U.S. Basic Materials ETF during the 4th quarter valued at about $3,898,000. Counterweight Ventures LLC bought a new position in iShares U.S. Basic Materials ETF in the 4th quarter worth about $1,764,000. Wealthstar Advisors LLC bought a new position in iShares U.S. Basic Materials ETF in the 4th quarter worth about $1,493,000. Finally, Kellett Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Basic Materials ETF in the fourth quarter valued at approximately $1,195,000.

iShares U.S. Basic Materials ETF Trading Up 0.1 %

Shares of NYSEARCA IYM opened at $141.89 on Monday. iShares U.S. Basic Materials ETF has a 12-month low of $119.22 and a 12-month high of $149.79. The company has a market cap of $652.69 million, a PE ratio of 13.76 and a beta of 0.87. The stock has a 50 day simple moving average of $143.36 and a 200-day simple moving average of $140.06.

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.