Bank of America Corp DE Buys 3,675 Shares of iShares U.S. Industrials ETF (BATS:IYJ)

Bank of America Corp DE lifted its stake in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 0.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 699,681 shares of the company’s stock after acquiring an additional 3,675 shares during the quarter. Bank of America Corp DE owned approximately 0.05% of iShares U.S. Industrials ETF worth $93,421,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IYJ. Raymond James Financial Inc. bought a new position in shares of iShares U.S. Industrials ETF during the fourth quarter worth about $18,395,000. Royal Fund Management LLC raised its position in shares of iShares U.S. Industrials ETF by 683.4% during the fourth quarter. Royal Fund Management LLC now owns 64,211 shares of the company’s stock worth $8,574,000 after acquiring an additional 56,015 shares during the last quarter. Allianz SE bought a new position in shares of iShares U.S. Industrials ETF during the fourth quarter worth about $7,196,000. Wealthstar Advisors LLC bought a new position in shares of iShares U.S. Industrials ETF during the fourth quarter worth about $1,924,000. Finally, EWG Elevate Inc. bought a new position in shares of iShares U.S. Industrials ETF during the fourth quarter worth about $1,653,000.

iShares U.S. Industrials ETF Price Performance

Shares of IYJ opened at $133.70 on Monday. iShares U.S. Industrials ETF has a 1 year low of $111.51 and a 1 year high of $144.20. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 25.18 and a beta of 1.11. The business has a 50-day moving average of $127.66 and a 200-day moving average of $134.44.

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.