Sovran Advisors LLC Buys Shares of 5,061 iShares U.S. Industrials ETF (BATS:IYJ)

Sovran Advisors LLC purchased a new position in shares of iShares U.S. Industrials ETF (BATS:IYJ) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 5,061 shares of the company’s stock, valued at approximately $682,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Concourse Financial Group Securities Inc. grew its stake in iShares U.S. Industrials ETF by 3.9% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 2,106 shares of the company’s stock valued at $282,000 after buying an additional 80 shares during the last quarter. Apeiron RIA LLC boosted its holdings in iShares U.S. Industrials ETF by 1.5% during the fourth quarter. Apeiron RIA LLC now owns 5,954 shares of the company’s stock valued at $795,000 after acquiring an additional 86 shares during the period. CX Institutional grew its position in shares of iShares U.S. Industrials ETF by 0.7% in the third quarter. CX Institutional now owns 12,932 shares of the company’s stock valued at $1,729,000 after purchasing an additional 91 shares during the last quarter. Griffin Asset Management Inc. grew its position in shares of iShares U.S. Industrials ETF by 4.5% in the fourth quarter. Griffin Asset Management Inc. now owns 2,185 shares of the company’s stock valued at $292,000 after purchasing an additional 95 shares during the last quarter. Finally, Financial Life Planners bought a new position in shares of iShares U.S. Industrials ETF in the fourth quarter worth about $27,000.

iShares U.S. Industrials ETF Stock Up 3.8 %

Shares of BATS:IYJ opened at $139.85 on Wednesday. The company has a market cap of $1.84 billion, a price-to-earnings ratio of 27.09 and a beta of 0.95. The business has a 50 day moving average price of $137.65 and a 200 day moving average price of $134.23. iShares U.S. Industrials ETF has a twelve month low of $123.05 and a twelve month high of $158.32.

iShares U.S. Industrials ETF Company 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.