Whittier Trust Co. of Nevada Inc. Has $337,000 Holdings in iShares U.S. Basic Materials ETF (NYSEARCA:IYM)

Whittier Trust Co. of Nevada Inc. increased its holdings in shares of iShares U.S. Basic Materials ETF (NYSEARCA:IYM) by 201.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 2,500 shares of the company’s stock after acquiring an additional 1,671 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in iShares U.S. Basic Materials ETF were worth $337,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. CWM LLC increased its stake in shares of iShares U.S. Basic Materials ETF by 167.0% in the 1st quarter. CWM LLC now owns 1,797 shares of the company’s stock valued at $242,000 after acquiring an additional 1,124 shares in the last quarter. Family Firm Inc. increased its position in shares of iShares U.S. Basic Materials ETF by 40.9% in the first quarter. Family Firm Inc. now owns 4,452 shares of the company’s stock worth $600,000 after purchasing an additional 1,293 shares during the last quarter. Fifth Third Securities Inc. boosted its stake in iShares U.S. Basic Materials ETF by 21.3% in the first quarter. Fifth Third Securities Inc. now owns 4,489 shares of the company’s stock worth $605,000 after buying an additional 787 shares in the last quarter. Stratos Wealth Advisors LLC boosted its stake in shares of iShares U.S. Basic Materials ETF by 15.0% during the first quarter. Stratos Wealth Advisors LLC now owns 4,716 shares of the company’s stock valued at $636,000 after purchasing an additional 615 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in iShares U.S. Basic Materials ETF by 10.8% in the first quarter. Envestnet Asset Management Inc. now owns 9,876 shares of the company’s stock worth $1,331,000 after acquiring an additional 963 shares during the period.

iShares U.S. Basic Materials ETF Stock Performance

NYSEARCA IYM opened at $143.93 on Friday. The company has a market capitalization of $561.33 million, a price-to-earnings ratio of 22.43 and a beta of 1.14. The stock has a 50-day moving average of $138.33 and a 200 day moving average of $135.09. iShares U.S. Basic Materials ETF has a one year low of $115.07 and a one year high of $153.55.

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.