iShares U.S. Industrials ETF (BATS:IYJ) Hits New 1-Year Low at $122.02

iShares U.S. Industrials ETF (BATS:IYJ) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $122.02 and last traded at $122.43, with a volume of 23656 shares. The stock had previously closed at $121.18.

iShares U.S. Industrials ETF Stock Performance

The company has a market cap of $1.60 billion, a P/E ratio of 26.36 and a beta of 0.96. The firm has a 50 day moving average price of $122.46 and a 200-day moving average price of $114.40.

Institutional Trading of iShares U.S. Industrials ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Csenge Advisory Group lifted its position in shares of iShares U.S. Industrials ETF by 15.4% during the 1st quarter. Csenge Advisory Group now owns 10,694 shares of the company’s stock worth $1,344,000 after purchasing an additional 1,425 shares during the last quarter. Moloney Securities Asset Management LLC increased its position in iShares U.S. Industrials ETF by 931.5% in the 1st quarter. Moloney Securities Asset Management LLC now owns 35,988 shares of the company’s stock worth $4,524,000 after buying an additional 32,499 shares during the period. Concourse Financial Group Securities Inc. lifted its holdings in shares of iShares U.S. Industrials ETF by 36.2% during the first quarter. Concourse Financial Group Securities Inc. now owns 2,026 shares of the company’s stock worth $255,000 after buying an additional 539 shares during the last quarter. Private Advisor Group LLC boosted its position in shares of iShares U.S. Industrials ETF by 5.7% in the first quarter. Private Advisor Group LLC now owns 32,367 shares of the company’s stock valued at $4,069,000 after acquiring an additional 1,755 shares during the period. Finally, Norden Group LLC acquired a new stake in shares of iShares U.S. Industrials ETF in the first quarter worth $6,564,000.

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.