Matthew Goff Investment Advisor LLC purchased a new position in shares of iShares Dow Jones US Basic Mater. (BMV:IYM) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 182,389 shares of the company’s stock, valued at approximately $1,205,000.

Other large investors have also recently added to or reduced their stakes in the company. CSat Investment Advisory L.P. acquired a new position in iShares Dow Jones US Basic Mater. in the 2nd quarter valued at about $133,000. MML Investors Services LLC acquired a new position in iShares Dow Jones US Basic Mater. in the 3rd quarter valued at about $212,000. Jane Street Group LLC acquired a new position in iShares Dow Jones US Basic Mater. in the 3rd quarter valued at about $354,000. People s United Financial Inc. raised its stake in iShares Dow Jones US Basic Mater. by 46.7% in the 3rd quarter. People s United Financial Inc. now owns 5,810 shares of the company’s stock valued at $572,000 after purchasing an additional 1,850 shares during the last quarter. Finally, Tower Research Capital LLC TRC acquired a new position in iShares Dow Jones US Basic Mater. in the 3rd quarter valued at about $981,000.

IYM stock traded down $1.92 during trading on Thursday, hitting $87.48. iShares Dow Jones US Basic Mater. has a one year low of $1,613.95 and a one year high of $1,980.10.

ILLEGAL ACTIVITY NOTICE: This report was first posted by Watch List News and is the property of of Watch List News. If you are accessing this report on another publication, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this report can be read at https://www.watchlistnews.com/matthew-goff-investment-advisor-llc-purchases-shares-of-182389-ishares-dow-jones-us-basic-mater-iym/2665608.html.

Recommended Story: What Are Treasury Bonds?

Want to see what other hedge funds are holding IYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Dow Jones US Basic Mater. (BMV:IYM).

Institutional Ownership by Quarter for iShares Dow Jones US Basic Mater. (BMV:IYM)

Receive News & Ratings for iShares Dow Jones US Basic Mater. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Dow Jones US Basic Mater. and related companies with MarketBeat.com's FREE daily email newsletter.