Navellier & Associates Inc. Buys Shares of 5,646 iShares U.S. Industrials ETF $IYJ

Navellier & Associates Inc. bought a new position in iShares U.S. Industrials ETF (BATS:IYJ) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,646 shares of the company’s stock, valued at approximately $824,000.

Several other large investors also recently made changes to their positions in IYJ. Prospera Financial Services Inc boosted its position in shares of iShares U.S. Industrials ETF by 19.7% during the third quarter. Prospera Financial Services Inc now owns 93,290 shares of the company’s stock worth $13,609,000 after buying an additional 15,386 shares during the period. Smartleaf Asset Management LLC acquired a new stake in iShares U.S. Industrials ETF in the 3rd quarter valued at approximately $1,644,000. Modus Advisors LLC increased its position in iShares U.S. Industrials ETF by 0.4% in the 3rd quarter. Modus Advisors LLC now owns 43,915 shares of the company’s stock valued at $6,406,000 after acquiring an additional 172 shares during the period. Harmony Asset Management LLC raised its stake in iShares U.S. Industrials ETF by 26.0% during the 3rd quarter. Harmony Asset Management LLC now owns 12,836 shares of the company’s stock valued at $1,872,000 after acquiring an additional 2,645 shares in the last quarter. Finally, J.W. Cole Advisors Inc. boosted its position in iShares U.S. Industrials ETF by 10.9% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 1,564 shares of the company’s stock worth $228,000 after acquiring an additional 154 shares during the period.

iShares U.S. Industrials ETF Stock Performance

BATS:IYJ opened at $160.90 on Wednesday. The stock has a market cap of $1.85 billion, a price-to-earnings ratio of 25.86 and a beta of 1.10. iShares U.S. Industrials ETF has a 1 year low of $111.51 and a 1 year high of $161.63. The business has a fifty day moving average of $152.24 and a 200-day moving average of $147.52.

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.