Fusion Family Wealth LLC lessened its holdings in shares of Ishares U.S. Basic Materials Etf (BMV:IYM) by 22.8% during the 4th quarter, HoldingsChannel reports. The fund owned 2,595 shares of the company’s stock after selling 765 shares during the period. Fusion Family Wealth LLC’s holdings in Ishares U.S. Basic Materials Etf were worth $265,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Barber Financial Group Inc. acquired a new position in Ishares U.S. Basic Materials Etf during the fourth quarter worth approximately $4,100,000. Stephens Inc. AR acquired a new position in Ishares U.S. Basic Materials Etf during the fourth quarter worth approximately $2,335,000. Ifrah Financial Services Inc. increased its position in Ishares U.S. Basic Materials Etf by 51.7% during the fourth quarter. Ifrah Financial Services Inc. now owns 6,184 shares of the company’s stock worth $632,000 after buying an additional 2,108 shares during the period. Chessman Wealth Strategies RIA acquired a new position in Ishares U.S. Basic Materials Etf during the fourth quarter worth approximately $2,432,000. Finally, IFP Advisors Inc increased its position in Ishares U.S. Basic Materials Etf by 51.9% during the fourth quarter. IFP Advisors Inc now owns 18,244 shares of the company’s stock worth $1,865,000 after buying an additional 6,236 shares during the period.

Ishares U.S. Basic Materials Etf (BMV IYM) opened at $100.12 on Thursday. Ishares U.S. Basic Materials Etf has a 12-month low of $1,613.95 and a 12-month high of $1,980.10.

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Institutional Ownership by Quarter for Ishares U.S. Basic Materials Etf (BMV:IYM)

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