Capital Asset Advisory Services LLC Acquires New Position in iShares U.S. Industrials ETF $IYJ

Capital Asset Advisory Services LLC purchased a new position in shares of iShares U.S. Industrials ETF (BATS:IYJ) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,328 shares of the company’s stock, valued at approximately $764,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in IYJ. Sequoia Financial Advisors LLC acquired a new stake in iShares U.S. Industrials ETF in the 1st quarter valued at $227,000. Brown Advisory Inc. purchased a new position in shares of iShares U.S. Industrials ETF during the 1st quarter worth $951,000. Envestnet Asset Management Inc. raised its holdings in iShares U.S. Industrials ETF by 125.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 24,443 shares of the company’s stock valued at $3,182,000 after buying an additional 13,582 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in iShares U.S. Industrials ETF by 1.2% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 39,877 shares of the company’s stock valued at $5,191,000 after buying an additional 455 shares during the period. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of iShares U.S. Industrials ETF in the fourth quarter valued at approximately $216,000.

iShares U.S. Industrials ETF Stock Performance

Shares of iShares U.S. Industrials ETF stock opened at $144.69 on Monday. iShares U.S. Industrials ETF has a one year low of $111.51 and a one year high of $147.27. The company has a market cap of $1.66 billion, a PE ratio of 25.86 and a beta of 1.10. The business has a 50-day simple moving average of $144.84 and a 200-day simple moving average of $137.13.

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.