Cambridge Investment Research Advisors Inc. Makes New Investment in iShares U.S. Industrials ETF (BATS:IYJ)

Cambridge Investment Research Advisors Inc. purchased a new position in shares of iShares U.S. Industrials ETF (BATS:IYJ) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 90,318 shares of the company’s stock, valued at approximately $10,036,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Meridian Wealth Management LLC raised its holdings in shares of iShares U.S. Industrials ETF by 39.4% in the 2nd quarter. Meridian Wealth Management LLC now owns 3,783 shares of the company’s stock worth $420,000 after purchasing an additional 1,070 shares in the last quarter. Sowell Financial Services LLC raised its holdings in shares of iShares U.S. Industrials ETF by 3.1% in the 1st quarter. Sowell Financial Services LLC now owns 7,803 shares of the company’s stock worth $873,000 after purchasing an additional 233 shares in the last quarter. GPS Wealth Strategies Group LLC raised its holdings in shares of iShares U.S. Industrials ETF by 232.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 5,841 shares of the company’s stock worth $649,000 after purchasing an additional 4,082 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in shares of iShares U.S. Industrials ETF by 3.1% in the 2nd quarter. DAVENPORT & Co LLC now owns 12,632 shares of the company’s stock worth $1,404,000 after purchasing an additional 383 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of iShares U.S. Industrials ETF by 9,640.9% in the 1st quarter. Bank of New York Mellon Corp now owns 218,780 shares of the company’s stock worth $23,122,000 after purchasing an additional 216,534 shares in the last quarter.

iShares U.S. Industrials ETF stock opened at $109.93 on Friday. The firm’s 50 day simple moving average is $112.78 and its 200-day simple moving average is $110.20. iShares U.S. Industrials ETF has a fifty-two week low of $123.05 and a fifty-two week high of $158.32.

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.

Featured Story: The Role of a Fiduciary and Individual Investors

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

Receive News & Ratings for iShares U.S. Industrials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Industrials ETF and related companies with MarketBeat.com's FREE daily email newsletter.