Sandy Spring Bank Buys New Stake in iShares U.S. Industrials ETF (BATS:IYJ)

Sandy Spring Bank bought a new stake in iShares U.S. Industrials ETF (BATS:IYJ) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 200 shares of the company’s stock, valued at approximately $32,000.

A number of other institutional investors and hedge funds have also bought and sold shares of IYJ. Bank of America Corp DE increased its position in iShares U.S. Industrials ETF by 8.9% in the 2nd quarter. Bank of America Corp DE now owns 578,012 shares of the company’s stock valued at $91,476,000 after acquiring an additional 47,415 shares during the period. AE Wealth Management LLC acquired a new position in shares of iShares U.S. Industrials ETF during the 2nd quarter valued at $4,085,000. Sawtooth Solutions LLC acquired a new position in shares of iShares U.S. Industrials ETF during the 2nd quarter valued at $3,968,000. LLBH Private Wealth Management LLC increased its position in shares of iShares U.S. Industrials ETF by 395.5% during the 2nd quarter. LLBH Private Wealth Management LLC now owns 18,208 shares of the company’s stock valued at $582,000 after purchasing an additional 14,533 shares during the period. Finally, Citadel Advisors LLC acquired a new position in shares of iShares U.S. Industrials ETF during the 2nd quarter valued at $1,641,000.

Shares of IYJ stock opened at $165.10 on Friday. iShares U.S. Industrials ETF has a 1 year low of $123.05 and a 1 year high of $158.32. The business’s fifty day moving average is $158.74 and its 200-day moving average is $156.64.

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.

Further Reading: Hold Rating

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

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