Three Seasons Wealth LLC Has $5.11 Million Stock Position in iShares U.S. Basic Materials ETF $IYM

Three Seasons Wealth LLC reduced its stake in shares of iShares U.S. Basic Materials ETF (NYSEARCA:IYM) by 12.8% during the first quarter, Holdings Channel.com reports. The firm owned 29,017 shares of the company’s stock after selling 4,273 shares during the period. iShares U.S. Basic Materials ETF accounts for about 1.9% of Three Seasons Wealth LLC’s portfolio, making the stock its 8th biggest position. Three Seasons Wealth LLC’s holdings in iShares U.S. Basic Materials ETF were worth $5,105,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC grew its position in iShares U.S. Basic Materials ETF by 1.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,000 shares of the company’s stock valued at $652,000 after buying an additional 69 shares in the last quarter. Comerica Bank raised its position in shares of iShares U.S. Basic Materials ETF by 3.3% during the 3rd quarter. Comerica Bank now owns 2,566 shares of the company’s stock worth $380,000 after buying an additional 83 shares in the last quarter. Magnus Financial Group LLC lifted its stake in shares of iShares U.S. Basic Materials ETF by 4.6% in the 4th quarter. Magnus Financial Group LLC now owns 2,035 shares of the company’s stock worth $313,000 after acquiring an additional 90 shares during the period. CreativeOne Wealth LLC lifted its stake in shares of iShares U.S. Basic Materials ETF by 6.1% in the 3rd quarter. CreativeOne Wealth LLC now owns 1,593 shares of the company’s stock worth $236,000 after acquiring an additional 91 shares during the period. Finally, Sanctuary Advisors LLC boosted its holdings in shares of iShares U.S. Basic Materials ETF by 0.8% in the fourth quarter. Sanctuary Advisors LLC now owns 12,880 shares of the company’s stock valued at $1,983,000 after acquiring an additional 103 shares in the last quarter.

iShares U.S. Basic Materials ETF Price Performance

NYSEARCA IYM opened at $176.37 on Thursday. iShares U.S. Basic Materials ETF has a 12 month low of $138.03 and a 12 month high of $191.37. The firm has a market capitalization of $1.20 billion, a PE ratio of 22.43 and a beta of 0.96. The company’s 50 day simple moving average is $182.48 and its 200 day simple moving average is $178.22.

About iShares U.S. Basic Materials ETF

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.