iShares U.S. Industrials ETF (BATS:IYJ – Get Free Report) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 70,692 shares, a decrease of 59.8% from the July 30th total of 175,891 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily volume of 68,836 shares, the short-interest ratio is currently 1.0 days.
Hedge Funds Weigh In On iShares U.S. Industrials ETF
A number of large investors have recently modified their holdings of the company. Nalls Sherbakoff Group LLC purchased a new position in iShares U.S. Industrials ETF during the fourth quarter valued at approximately $29,000. Triumph Capital Management purchased a new stake in iShares U.S. Industrials ETF in the 3rd quarter worth approximately $32,000. Godfrey Financial Associates Inc. purchased a new stake in iShares U.S. Industrials ETF in the 4th quarter worth approximately $34,000. Western Wealth Management LLC bought a new position in iShares U.S. Industrials ETF in the 1st quarter valued at $36,000. Finally, BankChampaign National Association bought a new position in iShares U.S. Industrials ETF in the 1st quarter valued at $37,000.
iShares U.S. Industrials ETF Stock Down 0.9%
Shares of BATS IYJ opened at $162.86 on Friday. iShares U.S. Industrials ETF has a 52 week low of $138.90 and a 52 week high of $171.25. The business has a 50-day simple moving average of $165.02 and a two-hundred day simple moving average of $159.12. The company has a market cap of $1.87 billion, a P/E 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.
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