iShares U.S. Basic Materials ETF $IYM Shares Sold by Three Seasons Wealth LLC

Three Seasons Wealth LLC reduced its stake in shares of iShares U.S. Basic Materials ETF (NYSEARCA:IYM) by 12.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,017 shares of the company’s stock after selling 4,273 shares during the quarter. iShares U.S. Basic Materials ETF comprises approximately 1.9% of Three Seasons Wealth LLC’s holdings, making the stock its 8th largest position. Three Seasons Wealth LLC owned 0.33% of iShares U.S. Basic Materials ETF worth $5,105,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Turtle Creek Wealth Advisors LLC acquired a new position in shares of iShares U.S. Basic Materials ETF during the first quarter valued at $36,000. Ascentis Independent Advisors bought a new position in shares of iShares U.S. Basic Materials ETF during the first quarter worth about $40,000. Legacy Wealth Managment LLC ID acquired a new stake in shares of iShares U.S. Basic Materials ETF in the 4th quarter worth about $36,000. Pin Oak Investment Advisors Inc. acquired a new stake in shares of iShares U.S. Basic Materials ETF in the 4th quarter worth about $38,000. Finally, Strive Financial Group LLC bought a new stake in iShares U.S. Basic Materials ETF in the 4th quarter valued at about $39,000.

iShares U.S. Basic Materials ETF Stock Down 0.8%

Shares of NYSEARCA:IYM opened at $176.37 on Thursday. The company’s 50-day moving average price is $182.48 and its 200 day moving average price is $178.22. The company has a market cap of $1.20 billion, a PE ratio of 22.43 and a beta of 0.96. iShares U.S. Basic Materials ETF has a fifty-two week low of $138.03 and a fifty-two week high of $191.37.

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.