5,088 Shares in iShares U.S. Basic Materials ETF $IYM Acquired by Harmony Asset Management LLC

Harmony Asset Management LLC bought a new position in shares of iShares U.S. Basic Materials ETF (NYSEARCA:IYM) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,088 shares of the company’s stock, valued at approximately $895,000. Harmony Asset Management LLC owned about 0.06% of iShares U.S. Basic Materials ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tcfg Wealth Management LLC purchased a new position in shares of iShares U.S. Basic Materials ETF in the third quarter valued at $4,901,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares U.S. Basic Materials ETF by 129.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 155,343 shares of the company’s stock worth $23,917,000 after buying an additional 87,723 shares during the last quarter. Counterweight Ventures LLC increased its holdings in shares of iShares U.S. Basic Materials ETF by 207.6% in the 1st quarter. Counterweight Ventures LLC now owns 11,829 shares of the company’s stock worth $2,081,000 after buying an additional 7,984 shares during the last quarter. Three Seasons Wealth LLC purchased a new stake in shares of iShares U.S. Basic Materials ETF during the 4th quarter valued at about $5,125,000. Finally, Wealthstar Advisors LLC purchased a new stake in shares of iShares U.S. Basic Materials ETF during the 1st quarter valued at about $1,933,000.

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

Shares of NYSEARCA:IYM opened at $176.37 on Thursday. The company has a market cap of $1.20 billion, a price-to-earnings ratio of 22.43 and a beta of 0.96. iShares U.S. Basic Materials ETF has a 12 month low of $138.03 and a 12 month high of $191.37. The company has a 50-day moving average price of $182.48 and a 200 day moving average price of $178.22.

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.