HighTower Advisors LLC Raises Position in iShares U.S. Industrials ETF $IYJ

HighTower Advisors LLC boosted its holdings in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 132.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 58,422 shares of the company’s stock after buying an additional 33,267 shares during the period. HighTower Advisors LLC owned approximately 0.51% of iShares U.S. Industrials ETF worth $8,522,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IYJ. NewEdge Advisors LLC boosted its position in shares of iShares U.S. Industrials ETF by 1.5% during the 1st quarter. NewEdge Advisors LLC now owns 7,239 shares of the company’s stock valued at $942,000 after acquiring an additional 104 shares during the last quarter. Ignite Planners LLC raised its stake in iShares U.S. Industrials ETF by 4.1% in the second quarter. Ignite Planners LLC now owns 9,066 shares of the company’s stock valued at $1,313,000 after purchasing an additional 353 shares in the last quarter. Carnegie Investment Counsel bought a new stake in iShares U.S. Industrials ETF during the second quarter valued at approximately $341,000. Envestnet Asset Management Inc. lifted its position in iShares U.S. Industrials ETF by 61.6% during the second quarter. Envestnet Asset Management Inc. now owns 39,501 shares of the company’s stock valued at $5,621,000 after purchasing an additional 15,058 shares during the last quarter. Finally, Bessemer Group Inc. purchased a new position in iShares U.S. Industrials ETF in the 2nd quarter worth approximately $31,000.

iShares U.S. Industrials ETF Price Performance

Shares of BATS:IYJ opened at $161.91 on Monday. The company’s fifty day moving average price is $154.35 and its 200-day moving average price is $148.41. The firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of 25.86 and a beta of 1.10. iShares U.S. Industrials ETF has a one year low of $111.51 and a one year high of $163.45.

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.