Biondo Investment Advisors LLC Raises Holdings in iShares U.S. Industrials ETF (BATS:IYJ)

Biondo Investment Advisors LLC lifted its stake in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 17.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,380 shares of the company’s stock after buying an additional 655 shares during the quarter. Biondo Investment Advisors LLC’s holdings in iShares U.S. Industrials ETF were worth $585,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Thrivent Financial for Lutherans acquired a new position in iShares U.S. Industrials ETF during the 3rd quarter worth approximately $201,000. Cerity Partners LLC acquired a new position in shares of iShares U.S. Industrials ETF during the third quarter worth $1,294,000. Loomis Sayles & Co. L P acquired a new position in shares of iShares U.S. Industrials ETF during the third quarter worth $108,000. FMR LLC increased its holdings in iShares U.S. Industrials ETF by 6.1% in the third quarter. FMR LLC now owns 25,638 shares of the company’s stock valued at $3,427,000 after buying an additional 1,483 shares during the last quarter. Finally, CreativeOne Wealth LLC acquired a new stake in iShares U.S. Industrials ETF in the third quarter valued at $448,000.

iShares U.S. Industrials ETF Price Performance

Shares of BATS IYJ opened at $129.07 on Friday. iShares U.S. Industrials ETF has a 1 year low of $117.86 and a 1 year high of $144.20. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 25.59 and a beta of 1.13. The business has a 50-day moving average of $136.04 and a two-hundred day moving average of $136.14.

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.