iShares U.S. Basic Materials ETF Experiences Large Outflows, Shares Outstanding Decrease by 17.6%

The iShares U.S. Basic Materials ETF (IYM) experienced a $231.9 million outflow, a 17.6% decrease week over week. Among the largest underlying components, Ecolab Inc. (ECL) is up 0.9%, Fastenal Co. (FAST) is up 0.9%, and AngloGold Ashanti plc (AU) is down 0.6%. The ETF's one-year price performance is shown in the chart above.