iShares U.S. Industrials ETF $IYJ Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its position in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 7.8% in the 1st quarter, Holdings Channel reports. The firm owned 54,010 shares of the company’s stock after purchasing an additional 3,885 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares U.S. Industrials ETF were worth $7,969,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IYJ. Nalls Sherbakoff Group LLC purchased a new position in iShares U.S. Industrials ETF in the 4th quarter valued at $29,000. Triumph Capital Management acquired a new stake in iShares U.S. Industrials ETF during the 3rd quarter worth $32,000. Godfrey Financial Associates Inc. purchased a new stake in shares of iShares U.S. Industrials ETF during the fourth quarter worth $34,000. IFP Advisors Inc grew its holdings in shares of iShares U.S. Industrials ETF by 43.3% during the third quarter. IFP Advisors Inc now owns 288 shares of the company’s stock worth $42,000 after buying an additional 87 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID acquired a new stake in shares of iShares U.S. Industrials ETF in the fourth quarter valued at about $44,000.

iShares U.S. Industrials ETF Stock Performance

BATS:IYJ opened at $166.54 on Friday. The company’s 50-day moving average price is $158.88 and its 200-day moving average price is $155.65. The company has a market cap of $1.92 billion, a P/E ratio of 25.86 and a beta of 1.10. iShares U.S. Industrials ETF has a twelve month low of $138.90 and a twelve month high of $167.86.

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.