Royal Fund Management LLC Purchases 56,015 Shares of iShares U.S. Industrials ETF (BATS:IYJ)

Royal Fund Management LLC boosted its position in iShares U.S. Industrials ETF (BATS:IYJ) by 683.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 64,211 shares of the company’s stock after acquiring an additional 56,015 shares during the period. iShares U.S. Industrials ETF accounts for about 0.8% of Royal Fund Management LLC’s holdings, making the stock its 28th biggest position. Royal Fund Management LLC owned approximately 0.49% of iShares U.S. Industrials ETF worth $8,574,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Concourse Financial Group Securities Inc. lifted its position 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 acquiring an additional 80 shares in the last quarter. CX Institutional lifted its holdings 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 in the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of iShares U.S. Industrials ETF by 4.1% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,562 shares of the company’s stock valued at $306,000 after purchasing an additional 102 shares in the last quarter. Empirical Asset Management LLC grew its holdings in iShares U.S. Industrials ETF by 1.1% during the third quarter. Empirical Asset Management LLC now owns 9,722 shares of the company’s stock worth $1,300,000 after buying an additional 109 shares in the last quarter. Finally, Modus Advisors LLC grew its holdings in iShares U.S. Industrials ETF by 0.4% during the third quarter. Modus Advisors LLC now owns 44,416 shares of the company’s stock worth $5,937,000 after buying an additional 156 shares in the last quarter.

iShares U.S. Industrials ETF Price Performance

IYJ opened at $138.34 on Tuesday. iShares U.S. Industrials ETF has a 1 year low of $123.05 and a 1 year high of $158.32. The company has a market capitalization of $1.82 billion, a price-to-earnings ratio of 27.09 and a beta of 0.95. The firm’s fifty day moving average price is $138.10 and its two-hundred day moving average price is $132.20.

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.