Basic Materials ETF (NYSEARCA:IYM – Get Free Report) hit a new 52-week high on Tuesday . Basic Materials ETF Stock PerformanceThe firm has a market capitalization of $1.27 billion, a P/E ratio of 22.43 and a beta of 0.96. Basic Materials ETF alerts:Institutional Inflows and OutflowsSeveral hedge funds have recently modified their holdings of IYM. Basic Materials ETF (IYM) is an exchange-traded fund that mostly invests in materials equity. Basic Materials ETF and related companies with MarketBeat.com's FREE daily email newsletter.