Allianz SE bought a new stake in shares of iShares U.S. Industrials ETF (BATS:IYJ – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 53,860 shares of the company’s stock, valued at approximately $7,196,000.
A number of other hedge funds also recently made changes to their positions in IYJ. MML Investors Services LLC increased its holdings in iShares U.S. Industrials ETF by 4.0% during the third quarter. MML Investors Services LLC now owns 178,775 shares of the company’s stock worth $23,897,000 after buying an additional 6,799 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in iShares U.S. Industrials ETF in the 4th quarter worth about $18,395,000. Kozak & Associates Inc. purchased a new stake in iShares U.S. Industrials ETF during the fourth quarter valued at about $13,697,000. Royal Fund Management LLC increased its stake in shares of iShares U.S. Industrials ETF by 683.4% in the fourth quarter. Royal Fund Management LLC now owns 64,211 shares of the company’s stock worth $8,574,000 after purchasing an additional 56,015 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in iShares U.S. Industrials ETF by 30.4% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 62,002 shares of the company’s stock valued at $8,288,000 after acquiring an additional 14,447 shares during the period.
iShares U.S. Industrials ETF Trading Down 4.2 %
IYJ stock opened at $129.07 on Friday. The firm has a 50 day moving average of $136.04 and a 200-day moving average of $136.14. iShares U.S. Industrials ETF has a 12 month low of $117.86 and a 12 month high of $144.20. The firm has a market capitalization of $1.58 billion, a P/E ratio of 25.59 and a beta of 1.13.
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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