Carnegie Investment Counsel Makes New $341,000 Investment in iShares U.S. Industrials ETF $IYJ

Carnegie Investment Counsel bought a new position in shares of iShares U.S. Industrials ETF (BATS:IYJ) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,398 shares of the company’s stock, valued at approximately $341,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares U.S. Industrials ETF during the 1st quarter valued at $81,101,000. LPL Financial LLC lifted its holdings in shares of iShares U.S. Industrials ETF by 0.8% during the 1st quarter. LPL Financial LLC now owns 296,893 shares of the company’s stock valued at $38,650,000 after purchasing an additional 2,484 shares during the last quarter. PGIM Custom Harvest LLC lifted its holdings in shares of iShares U.S. Industrials ETF by 3.5% during the 1st quarter. PGIM Custom Harvest LLC now owns 242,877 shares of the company’s stock valued at $31,618,000 after purchasing an additional 8,295 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of iShares U.S. Industrials ETF by 24.5% during the 1st quarter. Raymond James Financial Inc. now owns 171,454 shares of the company’s stock valued at $22,320,000 after purchasing an additional 33,685 shares during the last quarter. Finally, Kozak & Associates Inc. lifted its holdings in shares of iShares U.S. Industrials ETF by 21.9% during the 2nd quarter. Kozak & Associates Inc. now owns 132,637 shares of the company’s stock valued at $19,204,000 after purchasing an additional 23,803 shares during the last quarter.

iShares U.S. Industrials ETF Trading Up 9.9%

Shares of IYJ opened at $148.05 on Monday. iShares U.S. Industrials ETF has a 12 month low of $111.51 and a 12 month high of $147.27. The stock has a fifty day moving average price of $145.48 and a 200-day moving average price of $140.63. The firm has a market cap of $1.70 billion, a PE ratio of 25.86 and a beta of 1.10.

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.