Royal Fund Management LLC Raises Stake in iShares U.S. Industrials ETF (BATS:IYJ)

Royal Fund Management LLC boosted its stake in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 683.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 64,211 shares of the company’s stock after purchasing an additional 56,015 shares during the period. iShares U.S. Industrials ETF comprises approximately 0.8% of Royal Fund Management LLC’s investment portfolio, making the stock its 28th biggest holding. Royal Fund Management LLC’s holdings in iShares U.S. Industrials ETF were worth $8,574,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Kozak & Associates Inc. purchased a new position in shares of iShares U.S. Industrials ETF during the 4th quarter valued at $13,697,000. Well Done LLC lifted its holdings in iShares U.S. Industrials ETF by 1,315.2% during the third quarter. Well Done LLC now owns 35,564 shares of the company’s stock valued at $4,754,000 after purchasing an additional 33,051 shares during the last quarter. Tudor Financial Inc. purchased a new stake in iShares U.S. Industrials ETF during the third quarter valued at about $2,396,000. Rockefeller Capital Management L.P. boosted its position in iShares U.S. Industrials ETF by 30.4% during the third quarter. Rockefeller Capital Management L.P. now owns 62,002 shares of the company’s stock worth $8,288,000 after purchasing an additional 14,447 shares during the period. Finally, EWG Elevate Inc. purchased a new position in shares of iShares U.S. Industrials ETF in the fourth quarter worth about $1,653,000.

iShares U.S. Industrials ETF Trading Up 2.7 %

Shares of IYJ stock opened at $138.34 on Tuesday. The firm’s 50 day moving average is $138.10 and its 200 day moving average is $132.20. The stock has a market capitalization of $1.82 billion, a P/E ratio of 27.09 and a beta of 0.95. iShares U.S. Industrials ETF has a 12 month low of $123.05 and a 12 month high of $158.32.

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.