iShares U.S. Industrials ETF (BATS:IYJ) Sets New 1-Year Low at $121.11

Shares of iShares U.S. Industrials ETF (BATS:IYJ) reached a new 52-week low during trading on Friday . The company traded as low as $121.11 and last traded at $122.24, with a volume of 96928 shares trading hands. The stock had previously closed at $125.02.

iShares U.S. Industrials ETF Stock Down 2.2 %

The firm has a market cap of $1.61 billion, a price-to-earnings ratio of 27.09 and a beta of 0.95. The stock has a 50 day moving average of $121.58 and a 200 day moving average of $120.93.

Institutional Trading of iShares U.S. Industrials ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IYJ. Cambridge Investment Research Advisors Inc. raised its stake in iShares U.S. Industrials ETF by 17.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 57,514 shares of the company’s stock worth $7,230,000 after acquiring an additional 8,684 shares in the last quarter. Atlantic Edge Private Wealth Management LLC bought a new position in iShares U.S. Industrials ETF in the 4th quarter valued at approximately $177,000. Picton Mahoney Asset Management boosted its position in iShares U.S. Industrials ETF by 138.8% in the fourth quarter. Picton Mahoney Asset Management now owns 3,200 shares of the company’s stock valued at $366,000 after buying an additional 1,860 shares in the last quarter. Principal Securities Inc. bought a new stake in shares of iShares U.S. Industrials ETF during the fourth quarter worth $870,000. Finally, Advisory Services Network LLC increased its holdings in shares of iShares U.S. Industrials ETF by 73.2% during the fourth quarter. Advisory Services Network LLC now owns 28,122 shares of the company’s stock worth $3,216,000 after buying an additional 11,889 shares in the last quarter.

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.