Concurrent Investment Advisors LLC Boosts Stock Position in iShares U.S. Industrials ETF (BATS:IYJ)

Concurrent Investment Advisors LLC boosted its position in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 0.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,520 shares of the company’s stock after acquiring an additional 314 shares during the period. Concurrent Investment Advisors LLC owned about 0.31% of iShares U.S. Industrials ETF worth $4,840,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Mather Group LLC. raised its position in shares of iShares U.S. Industrials ETF by 116.7% in the second quarter. Mather Group LLC. now owns 208 shares of the company’s stock valued at $26,000 after buying an additional 112 shares during the last quarter. Spire Wealth Management lifted its position in shares of iShares U.S. Industrials ETF by 288.9% during the fourth quarter. Spire Wealth Management now owns 280 shares of the company’s stock worth $32,000 after purchasing an additional 208 shares in the last quarter. Fortis Group Advisors LLC grew its stake in iShares U.S. Industrials ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 320 shares of the company’s stock valued at $37,000 after purchasing an additional 160 shares in the last quarter. Avondale Wealth Management lifted its position in shares of iShares U.S. Industrials ETF by 100.0% during the second quarter. Avondale Wealth Management now owns 1,000 shares of the company’s stock worth $119,000 after purchasing an additional 500 shares during the last quarter. Finally, Atlanta Consulting Group Advisors LLC acquired a new position in shares of iShares U.S. Industrials ETF in the 1st quarter worth approximately $120,000.

iShares U.S. Industrials ETF Trading Up 1.0 %

IYJ stock traded up $1.28 during trading hours on Friday, hitting $130.26. 27,979 shares of the stock traded hands. iShares U.S. Industrials ETF has a one year low of $123.05 and a one year high of $158.32. The stock has a 50-day simple moving average of $123.27 and a 200 day simple moving average of $122.39. The company has a market cap of $1.71 billion, a P/E ratio of 27.09 and a beta of 0.95.

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.