DORCHESTER WEALTH MANAGEMENT Co Makes New Investment in iShares U.S. Industrials ETF (BATS:IYJ)

DORCHESTER WEALTH MANAGEMENT Co acquired a new position in iShares U.S. Industrials ETF (BATS:IYJFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,800 shares of the company’s stock, valued at approximately $206,000.

Several other hedge funds and other institutional investors have also bought and sold shares of IYJ. Anchor Investment Management LLC purchased a new position in iShares U.S. Industrials ETF in the fourth quarter worth $31,000. Family Asset Management LLC boosted its position in iShares U.S. Industrials ETF by 141.6% in the third quarter. Family Asset Management LLC now owns 430 shares of the company’s stock worth $43,000 after purchasing an additional 252 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC purchased a new position in iShares U.S. Industrials ETF in the third quarter worth $58,000. Tyler Stone Wealth Management purchased a new position in iShares U.S. Industrials ETF in the second quarter worth $64,000. Finally, Sunbelt Securities Inc. purchased a new position in iShares U.S. Industrials ETF in the first quarter worth $74,000.

iShares U.S. Industrials ETF Stock Down 0.5 %

IYJ stock traded down $0.62 during midday trading on Wednesday, hitting $123.94. The company’s stock had a trading volume of 109,639 shares. The stock’s 50-day moving average price is $120.02 and its 200 day moving average price is $110.84. iShares U.S. Industrials ETF has a 1 year low of $123.05 and a 1 year high of $158.32. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 19.89 and a beta of 1.12.

About iShares U.S. Industrials ETF

(Free Report)

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.

Read More

Want to see what other hedge funds are holding IYJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Industrials ETF (BATS:IYJFree Report).

Institutional Ownership by Quarter for iShares U.S. Industrials ETF (BATS:IYJ)

Receive News & Ratings for iShares U.S. Industrials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Industrials ETF and related companies with MarketBeat.com's FREE daily email newsletter.