S. BMI Materials Sector Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts or Global Depositary Receipts based on securities comprising the index. The index is designed to represent the nonU.S. materials subindustry of developed countries included in the S&P Global BMI. The fund is nondiversified.Etf (IRV) is traded on BATS Exchange in USA. It is located in and employs 13 people.