LGT Financial Advisors LLC lifted its stake in shares of iShares U.S. Industrials ETF (BATS:IYJ – Free Report) by 6.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,396 shares of the company’s stock after acquiring an additional 143 shares during the quarter. iShares U.S. Industrials ETF accounts for 0.9% of LGT Financial Advisors LLC’s portfolio, making the stock its 26th largest holding. LGT Financial Advisors LLC’s holdings in iShares U.S. Industrials ETF were worth $341,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. The Manufacturers Life Insurance Company purchased a new position in iShares U.S. Industrials ETF in the 1st quarter worth about $81,101,000. Raymond James Financial Inc. raised its holdings in shares of iShares U.S. Industrials ETF by 24.5% during the first quarter. Raymond James Financial Inc. now owns 171,454 shares of the company’s stock valued at $22,320,000 after acquiring an additional 33,685 shares during the period. Truist Financial Corp boosted its stake in iShares U.S. Industrials ETF by 127.3% in the 2nd quarter. Truist Financial Corp now owns 43,760 shares of the company’s stock worth $6,227,000 after purchasing an additional 24,510 shares during the period. Kozak & Associates Inc. grew its position in iShares U.S. Industrials ETF by 21.9% during the 2nd quarter. Kozak & Associates Inc. now owns 132,637 shares of the company’s stock worth $19,204,000 after purchasing an additional 23,803 shares in the last quarter. Finally, SCS Capital Management LLC acquired a new stake in iShares U.S. Industrials ETF during the 1st quarter valued at $2,604,000.
iShares U.S. Industrials ETF Trading Up 8.6%
Shares of IYJ stock opened at $146.29 on Tuesday. The company has a market capitalization of $1.68 billion, a price-to-earnings ratio of 25.86 and a beta of 1.10. iShares U.S. Industrials ETF has a 1-year low of $111.51 and a 1-year high of $147.27. The stock’s fifty day simple moving average is $145.27 and its 200-day simple moving average is $139.54.
About iShares U.S. Industrials ETF
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.
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