Virtue Capital Management LLC Makes New Investment in iShares U.S. Industrials ETF $IYJ

Virtue Capital Management LLC bought a new stake in iShares U.S. Industrials ETF (BATS:IYJ) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 7,491 shares of the company’s stock, valued at approximately $1,093,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC raised its stake in shares of iShares U.S. Industrials ETF by 14,556.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,764,644 shares of the company’s stock valued at $251,126,000 after buying an additional 1,752,604 shares during the last quarter. PGIM Custom Harvest LLC grew its holdings in iShares U.S. Industrials ETF by 40.5% during the second quarter. PGIM Custom Harvest LLC now owns 341,286 shares of the company’s stock worth $48,568,000 after acquiring an additional 98,409 shares during the period. MML Investors Services LLC raised its position in iShares U.S. Industrials ETF by 45.8% during the second quarter. MML Investors Services LLC now owns 220,413 shares of the company’s stock valued at $31,367,000 after acquiring an additional 69,196 shares in the last quarter. Raymond James Financial Inc. boosted its position in iShares U.S. Industrials ETF by 1.2% in the 2nd quarter. Raymond James Financial Inc. now owns 173,581 shares of the company’s stock worth $24,702,000 after purchasing an additional 2,127 shares in the last quarter. Finally, Osaic Holdings Inc. grew its stake in shares of iShares U.S. Industrials ETF by 6.1% during the 2nd quarter. Osaic Holdings Inc. now owns 97,883 shares of the company’s stock worth $13,931,000 after purchasing an additional 5,637 shares during the period.

iShares U.S. Industrials ETF Stock Up 14.3%

Shares of BATS:IYJ traded up $19.27 during trading on Friday, hitting $153.96. 21,214 shares of the stock traded hands, compared to its average volume of 51,059. The company has a fifty day moving average price of $148.93 and a two-hundred day moving average price of $146.53. iShares U.S. Industrials ETF has a 52-week low of $111.51 and a 52-week high of $147.27. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 25.86 and a beta of 1.10.

iShares U.S. Industrials ETF Company Profile

iShares U.S. Industrials ETF, formerly iShares Dow Jones U.S. Industrial Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Industrials Index (the Index). The Index measures the performance of the industrials sector of the United States equity market, and includes companies in the industry groups, such as construction and materials, aerospace and defense, general industrials, electronic and electrical equipment, industrial engineering, industrial transportation and support services.