Modera Wealth Management LLC Makes New Investment in iShares U.S. Industrials ETF $IYJ

Modera Wealth Management LLC acquired a new position in iShares U.S. Industrials ETF (BATS:IYJ) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,565 shares of the company’s stock, valued at approximately $854,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sanctuary Advisors LLC lifted its stake in shares of iShares U.S. Industrials ETF by 17.9% in the first quarter. Sanctuary Advisors LLC now owns 59,996 shares of the company’s stock valued at $8,852,000 after purchasing an additional 9,105 shares during the period. Ferguson Wellman Capital Management Inc. acquired a new position in iShares U.S. Industrials ETF during the third quarter worth about $9,288,000. NewEdge Wealth LLC acquired a new position in iShares U.S. Industrials ETF during the first quarter worth about $523,000. Schuylkill Financial LLC purchased a new position in iShares U.S. Industrials ETF in the second quarter valued at about $968,000. Finally, Royal Bank of Canada increased its holdings in iShares U.S. Industrials ETF by 6.7% in the first quarter. Royal Bank of Canada now owns 226,294 shares of the company’s stock valued at $33,388,000 after buying an additional 14,144 shares in the last quarter.

iShares U.S. Industrials ETF Trading Up 1.7%

IYJ stock opened at $161.31 on Tuesday. The firm has a 50 day moving average of $157.83 and a 200-day moving average of $158.36. iShares U.S. Industrials ETF has a 12-month low of $138.90 and a 12-month high of $171.25. The company has a market cap of $1.86 billion, a price-to-earnings 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.