Navellier & Associates Inc. Has $1.81 Million Position in iShares U.S. Industrials ETF (BATS:IYJ)

Navellier & Associates Inc. lifted its holdings in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 65.6% during the fourth quarter, HoldingsChannel reports. The firm owned 13,575 shares of the company’s stock after acquiring an additional 5,379 shares during the quarter. Navellier & Associates Inc.’s holdings in iShares U.S. Industrials ETF were worth $1,813,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of IYJ. Creative Planning raised its position in shares of iShares U.S. Industrials ETF by 1.7% during the third quarter. Creative Planning now owns 19,615 shares of the company’s stock worth $2,622,000 after purchasing an additional 319 shares during the period. Merkkuri Wealth Advisors LLC grew its holdings in shares of iShares U.S. Industrials ETF by 12.8% during the third quarter. Merkkuri Wealth Advisors LLC now owns 12,637 shares of the company’s stock worth $1,689,000 after buying an additional 1,435 shares in the last quarter. Blackston Financial Advisory Group LLC bought a new position in shares of iShares U.S. Industrials ETF during the third quarter worth about $280,000. Southern Capital Advisors LLC grew its holdings in shares of iShares U.S. Industrials ETF by 3.5% during the third quarter. Southern Capital Advisors LLC now owns 29,282 shares of the company’s stock worth $3,914,000 after buying an additional 995 shares in the last quarter. Finally, Reston Wealth Management LLC bought a new position in shares of iShares U.S. Industrials ETF during the third quarter worth about $55,000.

iShares U.S. Industrials ETF Stock Performance

BATS:IYJ opened at $135.54 on Friday. The company has a market cap of $1.59 billion, a PE ratio of 27.06 and a beta of 1.12. iShares U.S. Industrials ETF has a 52-week low of $123.05 and a 52-week high of $158.32. The stock has a 50-day simple moving average of $137.40 and a 200 day simple moving average of $134.90.

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.