Beaumont Financial Advisors LLC Makes New $218,000 Investment in iShares U.S. Industrials ETF $IYJ

Beaumont Financial Advisors LLC acquired a new position in shares of iShares U.S. Industrials ETF (BATS:IYJ) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,534 shares of the company’s stock, valued at approximately $218,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IYJ. Ramirez Asset Management Inc. bought a new position in iShares U.S. Industrials ETF during the first quarter worth about $26,000. Alpine Bank Wealth Management acquired a new position in iShares U.S. Industrials ETF during the first quarter worth $29,000. Centricity Wealth Management LLC bought a new position in shares of iShares U.S. Industrials ETF during the first quarter valued at $30,000. IFP Advisors Inc boosted its stake in shares of iShares U.S. Industrials ETF by 124.3% in the 1st quarter. IFP Advisors Inc now owns 240 shares of the company’s stock valued at $31,000 after purchasing an additional 133 shares in the last quarter. Finally, Sound Income Strategies LLC grew its holdings in shares of iShares U.S. Industrials ETF by 171.4% in the 1st quarter. Sound Income Strategies LLC now owns 380 shares of the company’s stock worth $49,000 after purchasing an additional 240 shares during the last quarter.

iShares U.S. Industrials ETF Stock Up 7.3%

Shares of IYJ stock opened at $144.58 on Friday. The company has a market capitalization of $1.66 billion, a P/E ratio of 25.86 and a beta of 1.10. iShares U.S. Industrials ETF has a 12-month low of $111.51 and a 12-month high of $147.27. The firm has a 50-day moving average price of $144.97 and a 200 day moving average price of $137.85.

iShares U.S. Industrials ETF 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.