Wealthstar Advisors LLC Purchases New Stake in iShares U.S. Industrials ETF (BATS:IYJ)

Wealthstar Advisors LLC acquired a new position in shares of iShares U.S. Industrials ETF (BATS:IYJ) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 14,411 shares of the company’s stock, valued at approximately $1,924,000. iShares U.S. Industrials ETF makes up about 0.8% of Wealthstar Advisors LLC’s investment portfolio, making the stock its 23rd biggest position.

Other large investors also recently added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. increased its stake in iShares U.S. Industrials ETF by 3.9% during the third quarter. Concourse Financial Group Securities Inc. now owns 2,106 shares of the company’s stock worth $282,000 after acquiring an additional 80 shares during the last quarter. Apeiron RIA LLC raised its holdings in iShares U.S. Industrials ETF by 1.5% in the 4th quarter. Apeiron RIA LLC now owns 5,954 shares of the company’s stock valued at $795,000 after buying an additional 86 shares during the period. CX Institutional lifted its position in 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 buying an additional 91 shares during the last quarter. Griffin Asset Management Inc. boosted its stake in iShares U.S. Industrials ETF by 4.5% during the fourth quarter. Griffin Asset Management Inc. now owns 2,185 shares of the company’s stock worth $292,000 after buying an additional 95 shares during the period. Finally, Empirical Asset Management LLC increased its position in shares of 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 valued at $1,300,000 after acquiring an additional 109 shares during the last quarter.

iShares U.S. Industrials ETF Stock Performance

iShares U.S. Industrials ETF stock opened at $139.33 on Monday. The firm has a 50 day moving average price of $137.71 and a 200 day moving average price of $134.02. iShares U.S. Industrials ETF has a fifty-two week low of $123.05 and a fifty-two week high of $158.32. The company has a market capitalization of $1.83 billion, a PE ratio of 27.09 and a beta of 0.95.

About iShares U.S. Industrials ETF

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.