Waverly Advisors LLC Invests $2.27 Million in iShares U.S. Industrials ETF (BATS:IYJ)

Waverly Advisors LLC acquired a new stake in iShares U.S. Industrials ETF (BATS:IYJ) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,052 shares of the company’s stock, valued at approximately $2,269,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC boosted its holdings in shares of iShares U.S. Industrials ETF by 245.1% in the 4th quarter. Global Retirement Partners LLC now owns 735 shares of the company’s stock valued at $82,000 after purchasing an additional 522 shares during the last quarter. Southern Capital Advisors LLC grew its position in shares of iShares U.S. Industrials ETF by 65.7% during the 4th quarter. Southern Capital Advisors LLC now owns 30,500 shares of the company’s stock valued at $3,488,000 after buying an additional 12,089 shares during the last quarter. DORCHESTER WEALTH MANAGEMENT Co bought a new stake in shares of iShares U.S. Industrials ETF during the 4th quarter valued at about $206,000. Clear Creek Financial Management LLC acquired a new position in iShares U.S. Industrials ETF during the 4th quarter valued at about $719,000. Finally, International Assets Investment Management LLC acquired a new position in iShares U.S. Industrials ETF during the 4th quarter valued at about $3,804,000.

iShares U.S. Industrials ETF Trading Up 0.5 %

Shares of BATS:IYJ opened at $125.62 on Wednesday. The company has a 50 day moving average of $121.47 and a 200-day moving average of $120.86. The firm has a market cap of $1.65 billion, a P/E ratio of 27.09 and a beta of 0.95. iShares U.S. Industrials ETF has a twelve month low of $123.05 and a twelve month high of $158.32.

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.