Dohj LLC Takes $726,000 Position in iShares U.S. Basic Materials ETF (NYSEARCA:IYM)

Dohj LLC bought a new stake in shares of iShares U.S. Basic Materials ETF (NYSEARCA:IYM) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,911 shares of the company’s stock, valued at approximately $726,000. Dohj LLC owned about 0.12% of iShares U.S. Basic Materials ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of IYM. Turtle Creek Wealth Advisors LLC bought a new position in iShares U.S. Basic Materials ETF in the fourth quarter worth about $28,000. Wetzel Investment Advisors Inc. purchased a new stake in iShares U.S. Basic Materials ETF in the 4th quarter worth approximately $43,000. Anchor Investment Management LLC purchased a new position in shares of iShares U.S. Basic Materials ETF during the 4th quarter valued at approximately $45,000. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of iShares U.S. Basic Materials ETF during the 4th quarter valued at approximately $68,000. Finally, CWM LLC lifted its position in shares of iShares U.S. Basic Materials ETF by 15.6% during the 4th quarter. CWM LLC now owns 636 shares of the company’s stock valued at $88,000 after buying an additional 86 shares in the last quarter.

iShares U.S. Basic Materials ETF Price Performance

NYSEARCA IYM traded up $0.58 during mid-day trading on Friday, hitting $140.68. The stock had a trading volume of 6,712 shares, compared to its average volume of 25,897. iShares U.S. Basic Materials ETF has a twelve month low of $119.22 and a twelve month high of $149.79. The stock has a market capitalization of $647.13 million, a price-to-earnings ratio of 13.76 and a beta of 0.87. The firm’s 50 day moving average is $143.26 and its 200 day moving average is $140.22.

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.