Southern Capital Advisors LLC Has $6.46 Million Position in iShares U.S. Industrials ETF $IYJ

Southern Capital Advisors LLC lifted its stake in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 36.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 43,785 shares of the company’s stock after purchasing an additional 11,603 shares during the quarter. iShares U.S. Industrials ETF accounts for 3.0% of Southern Capital Advisors LLC’s holdings, making the stock its 8th biggest holding. Southern Capital Advisors LLC’s holdings in iShares U.S. Industrials ETF were worth $6,460,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of IYJ. Ferguson Wellman Capital Management Inc. lifted its position in iShares U.S. Industrials ETF by 224.7% during the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 210,385 shares of the company’s stock worth $31,173,000 after purchasing an additional 145,585 shares during the period. Legacy Edge Advisors LLC acquired a new stake in iShares U.S. Industrials ETF during the fourth quarter worth about $15,415,000. Northwestern Mutual Wealth Management Co. increased its holdings in iShares U.S. Industrials ETF by 1,131.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 103,955 shares of the company’s stock valued at $15,403,000 after buying an additional 95,515 shares during the period. Virtue Capital Management LLC increased its holdings in iShares U.S. Industrials ETF by 962.2% in the 4th quarter. Virtue Capital Management LLC now owns 79,572 shares of the company’s stock valued at $11,790,000 after buying an additional 72,081 shares during the period. Finally, Kozak & Associates Inc. raised its position in shares of iShares U.S. Industrials ETF by 52.2% in the 3rd quarter. Kozak & Associates Inc. now owns 201,879 shares of the company’s stock valued at $28,475,000 after buying an additional 69,242 shares in the last quarter.

iShares U.S. Industrials ETF Stock Performance

Shares of iShares U.S. Industrials ETF stock opened at $162.25 on Monday. The company has a 50 day moving average of $157.42 and a 200-day moving average of $154.49. iShares U.S. Industrials ETF has a 1-year low of $136.21 and a 1-year high of $164.58. The company has a market cap of $1.87 billion, a PE ratio of 25.86 and a beta of 1.10.

iShares U.S. Industrials ETF 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.