Laurel Wealth Advisors LLC Has $1.21 Million Stake in iShares U.S. Industrials ETF (BATS:IYJ)

Laurel Wealth Advisors LLC raised its stake in iShares U.S. Industrials ETF (BATS:IYJ) by 3.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,535 shares of the company’s stock after buying an additional 375 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in iShares U.S. Industrials ETF were worth $1,205,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. CFM Wealth Partners LLC acquired a new stake in shares of iShares U.S. Industrials ETF during the fourth quarter worth about $224,000. Private Advisor Group LLC raised its position in shares of iShares U.S. Industrials ETF by 7.4% during the third quarter. Private Advisor Group LLC now owns 23,315 shares of the company’s stock worth $2,352,000 after purchasing an additional 1,608 shares during the period. Mutual Advisors LLC grew its stake in iShares U.S. Industrials ETF by 16.0% in the third quarter. Mutual Advisors LLC now owns 6,386 shares of the company’s stock valued at $644,000 after purchasing an additional 880 shares in the last quarter. Chesapeake Wealth Management grew its stake in iShares U.S. Industrials ETF by 6.7% in the third quarter. Chesapeake Wealth Management now owns 2,736 shares of the company’s stock valued at $276,000 after purchasing an additional 171 shares in the last quarter. Finally, Brookstone Capital Management grew its stake in iShares U.S. Industrials ETF by 5.3% in the fourth quarter. Brookstone Capital Management now owns 22,772 shares of the company’s stock valued at $2,604,000 after purchasing an additional 1,149 shares in the last quarter.

iShares U.S. Industrials ETF Stock Performance

BATS:IYJ traded up $0.26 during mid-day trading on Friday, hitting $121.56. 18,595 shares of the stock were exchanged. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of 26.36 and a beta of 0.96. The firm’s 50-day simple moving average is $122.23 and its 200 day simple moving average is $113.40. iShares U.S. Industrials ETF has a fifty-two week low of $123.05 and a fifty-two week high of $158.32.

iShares U.S. Industrials ETF 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.