Wealthstar Advisors LLC Takes $445,000 Position in iShares U.S. Industrials ETF (BATS:IYJ)

Wealthstar Advisors LLC acquired a new position in iShares U.S. Industrials ETF (BATS:IYJ) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,536 shares of the company’s stock, valued at approximately $445,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IYJ. Tower Research Capital LLC TRC boosted its position in shares of iShares U.S. Industrials ETF by 244.4% in the third quarter. Tower Research Capital LLC TRC now owns 7,608 shares of the company’s stock worth $768,000 after buying an additional 5,399 shares during the period. Chesapeake Wealth Management lifted its stake in iShares U.S. Industrials ETF by 6.7% in the 3rd quarter. Chesapeake Wealth Management now owns 2,736 shares of the company’s stock worth $276,000 after acquiring an additional 171 shares in the last quarter. Sunbelt Securities Inc. boosted its position in iShares U.S. Industrials ETF by 253.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 3,139 shares of the company’s stock worth $317,000 after acquiring an additional 2,252 shares during the period. Anchor Investment Management LLC purchased a new position in iShares U.S. Industrials ETF during the 4th quarter valued at about $31,000. Finally, Modus Advisors LLC grew its stake in iShares U.S. Industrials ETF by 1.0% during the 4th quarter. Modus Advisors LLC now owns 43,915 shares of the company’s stock valued at $5,022,000 after acquiring an additional 419 shares in the last quarter.

iShares U.S. Industrials ETF Stock Performance

Shares of BATS IYJ traded up $0.39 during mid-day trading on Thursday, reaching $119.63. The company had a trading volume of 29,781 shares. The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of 27.09 and a beta of 0.95. The stock has a fifty day moving average of $121.57 and a two-hundred day moving average of $119.55. iShares U.S. Industrials ETF has a 12-month low of $123.05 and a 12-month 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.