iShares U.S. Industrials ETF $IYJ Shares Acquired by Royal Bank of Canada

Royal Bank of Canada grew its holdings in iShares U.S. Industrials ETF (BATS:IYJ) by 6.7% during the 1st quarter, Holdings Channel reports. The fund owned 226,294 shares of the company’s stock after purchasing an additional 14,144 shares during the period. Royal Bank of Canada’s holdings in iShares U.S. Industrials ETF were worth $33,388,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Gateway Wealth Partners LLC acquired a new position in iShares U.S. Industrials ETF during the first quarter valued at $225,000. NewEdge Wealth LLC purchased a new stake in iShares U.S. Industrials ETF in the first quarter valued at $523,000. Phillip James Consulting Co. acquired a new stake in iShares U.S. Industrials ETF during the 1st quarter worth about $148,000. One Charles Private Wealth Services LLC grew its position in iShares U.S. Industrials ETF by 4.8% during the 1st quarter. One Charles Private Wealth Services LLC now owns 4,230 shares of the company’s stock worth $624,000 after purchasing an additional 193 shares during the period. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in iShares U.S. Industrials ETF during the 1st quarter worth about $56,000.

iShares U.S. Industrials ETF Stock Performance

BATS IYJ opened at $166.73 on Tuesday. The firm has a market capitalization of $1.92 billion, a P/E ratio of 25.86 and a beta of 1.10. The stock has a 50-day simple moving average of $161.89 and a two-hundred day simple moving average of $157.60. iShares U.S. Industrials ETF has a fifty-two week low of $138.90 and a fifty-two week high of $167.86.

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.