Stratos Wealth Partners LTD. Takes $241,000 Position in iShares U.S. Industrials ETF (BATS:IYJ)

Stratos Wealth Partners LTD. bought a new position in shares of iShares U.S. Industrials ETF (BATS:IYJ) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 2,106 shares of the company’s stock, valued at approximately $241,000.

A number of other hedge funds have also recently bought and sold shares of the company. CFM Wealth Partners LLC purchased a new position in iShares U.S. Industrials ETF during the 4th quarter valued at about $224,000. Private Advisor Group LLC raised its stake in shares of iShares U.S. Industrials ETF by 7.4% in the third quarter. Private Advisor Group LLC now owns 23,315 shares of the company’s stock valued at $2,352,000 after purchasing an additional 1,608 shares in the last quarter. Mutual Advisors LLC raised its stake in shares of iShares U.S. Industrials ETF by 16.0% in the third quarter. Mutual Advisors LLC now owns 6,386 shares of the company’s stock valued at $644,000 after purchasing an additional 880 shares in the last quarter. Chesapeake Wealth Management grew its position in iShares U.S. Industrials ETF by 6.7% in the third quarter. Chesapeake Wealth Management now owns 2,736 shares of the company’s stock valued at $276,000 after acquiring an additional 171 shares during the period. Finally, Brookstone Capital Management grew its position in iShares U.S. Industrials ETF by 5.3% in the fourth quarter. Brookstone Capital Management now owns 22,772 shares of the company’s stock valued at $2,604,000 after acquiring an additional 1,149 shares during the period.

iShares U.S. Industrials ETF Stock Performance

Shares of IYJ stock opened at $120.76 on Tuesday. The stock’s fifty day moving average is $121.71 and its 200-day moving average is $112.30. The stock has a market capitalization of $1.53 billion, a PE ratio of 27.06 and a beta of 0.97. iShares U.S. Industrials ETF has a 52 week low of $123.05 and a 52 week high of $158.32.

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.