iShares U.S. Basic Materials ETF (NYSEARCA:IYM) Sees Large Volume Increase – Here’s Why

Posted by Donald Scott on Nov 6th, 2026

Shares of iShares U.S. Basic Materials ETF (NYSEARCA:IYM – Get Free Report) saw unusually-high trading volume on Wednesday. Approximately 274,715 shares changed hands during trading, an increase of 26% from the average daily volume of 218,010 shares. The stock last traded at $181.4460 and had previously closed at $179.69.

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

The firm has a fifty day simple moving average of $183.51 and a two-hundred day simple moving average of $181.67. The firm has a market cap of $1.29 billion, a PE ratio of 21.73 and a beta of 0.97.

Institutional Trading of iShares U.S. Basic Materials ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Allworth Financial LP boosted its position in shares of iShares U.S. Basic Materials ETF by 85.0% in the 3rd quarter. Allworth Financial LP now owns 751 shares of the company’s stock worth $135,000 after purchasing an additional 345 shares in the last quarter. Fifth Third Bancorp grew its stake in shares of iShares U.S. Basic Materials ETF by 34.6% in the 3rd quarter. Fifth Third Bancorp now owns 4,019 shares of the company’s stock worth $716,000 after buying an additional 1,033 shares during the last quarter. Mesirow Financial Investment Management Inc. purchased a new stake in shares of iShares U.S. Basic Materials ETF in the 3rd quarter worth approximately $881,000. Simplex Trading LLC bought a new position in iShares U.S. Basic Materials ETF during the 3rd quarter valued at approximately $25,000. Finally, Mycio Wealth Partners LLC bought a new position in iShares U.S. Basic Materials ETF during the 3rd quarter valued at approximately $29,000.

About iShares U.S. Basic Materials ETF

(Get 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.