WealthBridge Capital Management LLC Buys New Stake in iShares U.S. Manufacturing ETF $MADE

WealthBridge Capital Management LLC bought a new stake in iShares U.S. Manufacturing ETF (NYSEARCA:MADE) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 50,794 shares of the company’s stock, valued at approximately $1,350,000. WealthBridge Capital Management LLC owned approximately 0.06% of iShares U.S. Manufacturing ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Mascagni Wealth Management Inc. purchased a new stake in shares of iShares U.S. Manufacturing ETF during the 2nd quarter valued at $456,000. TFB Advisors LLC purchased a new position in iShares U.S. Manufacturing ETF during the 2nd quarter worth $206,000. Finally, Avantax Advisory Services Inc. increased its position in iShares U.S. Manufacturing ETF by 3.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 29,702 shares of the company’s stock valued at $689,000 after buying an additional 1,100 shares in the last quarter.

iShares U.S. Manufacturing ETF Stock Performance

iShares U.S. Manufacturing ETF stock opened at $29.58 on Friday. The stock has a market cap of $24.85 million, a PE ratio of 20.18 and a beta of 1.37. The stock has a 50-day moving average of $29.72 and a two-hundred day moving average of $27.92. iShares U.S. Manufacturing ETF has a one year low of $19.92 and a one year high of $31.32.

iShares U.S. Manufacturing ETF Profile

The iShares U.S. Manufacturing ETF (MADE) is an exchange-traded fund that is based on the S&P U.S. Manufacturing Select index. The fund is passively managed to invest in US equity securities that derive revenues from manufacturing and manufacturing-related sectors. The fund optimizes the portfolio by setting weight limits for select sectors.