Retirement Planning Group LLC Makes New $245,000 Investment in iShares U.S. Industrials ETF (BATS:IYJ)

Retirement Planning Group LLC purchased a new position in shares of iShares U.S. Industrials ETF (BATS:IYJ) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,881 shares of the company’s stock, valued at approximately $245,000.

Several other institutional investors have also modified their holdings of IYJ. Bank of America Corp DE increased its stake in iShares U.S. Industrials ETF by 0.5% during the 4th quarter. Bank of America Corp DE now owns 699,681 shares of the company’s stock worth $93,421,000 after purchasing an additional 3,675 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of iShares U.S. Industrials ETF by 2.0% during the fourth quarter. Wells Fargo & Company MN now owns 453,752 shares of the company’s stock worth $60,585,000 after acquiring an additional 8,838 shares in the last quarter. MML Investors Services LLC raised its holdings in shares of iShares U.S. Industrials ETF by 5.8% during the fourth quarter. MML Investors Services LLC now owns 189,064 shares of the company’s stock worth $25,244,000 after acquiring an additional 10,289 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of iShares U.S. Industrials ETF during the fourth quarter worth $18,395,000. Finally, Rockefeller Capital Management L.P. lifted its position in iShares U.S. Industrials ETF by 5.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 65,286 shares of the company’s stock valued at $8,717,000 after acquiring an additional 3,284 shares in the last quarter.

iShares U.S. Industrials ETF Trading Up 3.8%

Shares of BATS IYJ opened at $139.86 on Friday. The company has a fifty day moving average price of $130.48 and a 200 day moving average price of $134.63. The firm has a market cap of $1.60 billion, a PE ratio of 25.37 and a beta of 1.11. iShares U.S. Industrials ETF has a 1-year low of $111.51 and a 1-year high of $144.20.

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.