iShares U.S. Basic Materials ETF (NYSEARCA:IYM) Reaches New 12-Month High – Here’s Why

Posted by Trevor Kearing on Jan 23rd, 2026

iShares U.S. Basic Materials ETF (NYSEARCA:IYM – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $172.57 and last traded at $172.42, with a volume of 6172 shares trading hands. The stock had previously closed at $169.72.

iShares U.S. Basic Materials ETF Stock Up 1.0%

The firm has a 50 day simple moving average of $154.94 and a two-hundred day simple moving average of $149.31. The stock has a market capitalization of $1.07 billion, a P/E ratio of 22.43 and a beta of 1.07.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC raised its stake in iShares U.S. Basic Materials ETF by 971.2% during the fourth quarter. Farther Finance Advisors LLC now owns 1,821 shares of the company’s stock worth $280,000 after acquiring an additional 1,651 shares in the last quarter. Bartlett & CO. Wealth Management LLC grew its holdings in shares of iShares U.S. Basic Materials ETF by 71.3% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 6,196 shares of the company’s stock valued at $954,000 after purchasing an additional 2,578 shares during the last quarter. Sovran Advisors LLC increased its position in iShares U.S. Basic Materials ETF by 18.4% during the 4th quarter. Sovran Advisors LLC now owns 4,248 shares of the company’s stock worth $724,000 after purchasing an additional 661 shares in the last quarter. Lodestone Wealth Management LLC acquired a new position in iShares U.S. Basic Materials ETF during the 4th quarter worth approximately $86,000. Finally, Three Seasons Wealth LLC bought a new position in iShares U.S. Basic Materials ETF in the 4th quarter valued at approximately $5,125,000.

About iShares U.S. Basic Materials ETF

(Get Free Report)

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.