Royal Fund Management LLC Has $1.88 Million Position in iShares U.S. Industrials ETF (BATS:IYJ)

Royal Fund Management LLC lessened its stake in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 81.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,391 shares of the company’s stock after selling 71,868 shares during the period. Royal Fund Management LLC owned 0.15% of iShares U.S. Industrials ETF worth $1,880,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IYJ. One Charles Private Wealth Services LLC boosted its position in shares of iShares U.S. Industrials ETF by 57.4% in the fourth quarter. One Charles Private Wealth Services LLC now owns 4,806 shares of the company’s stock valued at $550,000 after acquiring an additional 1,753 shares during the period. Kestra Private Wealth Services LLC bought a new position in shares of iShares U.S. Industrials ETF during the fourth quarter valued at $206,000. Citizens Financial Group Inc. RI acquired a new stake in shares of iShares U.S. Industrials ETF in the fourth quarter valued at $201,000. Telemus Capital LLC increased its stake in shares of iShares U.S. Industrials ETF by 254.3% in the fourth quarter. Telemus Capital LLC now owns 7,185 shares of the company’s stock valued at $822,000 after buying an additional 5,157 shares in the last quarter. Finally, Baystate Wealth Management LLC increased its position in iShares U.S. Industrials ETF by 143.1% in the fourth quarter. Baystate Wealth Management LLC now owns 282 shares of the company’s stock worth $32,000 after purchasing an additional 166 shares during the period.

iShares U.S. Industrials ETF Stock Performance

IYJ traded up $0.77 during midday trading on Friday, reaching $121.18. 15,235 shares of the company were exchanged. iShares U.S. Industrials ETF has a one year low of $123.05 and a one year high of $158.32. The stock has a market capitalization of $1.58 billion, a P/E ratio of 26.36 and a beta of 0.96. The stock’s 50-day simple moving average is $122.42 and its 200 day simple moving average is $114.05.

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.