Sunbelt Securities Inc. Purchases 5,175 Shares of iShares U.S. Industrials ETF (BATS:IYJ)

Sunbelt Securities Inc. increased its position in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 374.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,557 shares of the company’s stock after buying an additional 5,175 shares during the quarter. Sunbelt Securities Inc. owned 0.05% of iShares U.S. Industrials ETF worth $824,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IYJ. Anchor Investment Management LLC bought a new position in shares of iShares U.S. Industrials ETF during the 4th quarter worth approximately $31,000. Spire Wealth Management grew its position in iShares U.S. Industrials ETF by 288.9% in the fourth quarter. Spire Wealth Management now owns 280 shares of the company’s stock valued at $32,000 after purchasing an additional 208 shares in the last quarter. Baystate Wealth Management LLC increased its stake in iShares U.S. Industrials ETF by 143.1% in the 4th quarter. Baystate Wealth Management LLC now owns 282 shares of the company’s stock valued at $32,000 after buying an additional 166 shares during the last quarter. Fortis Group Advisors LLC lifted its position in iShares U.S. Industrials ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 320 shares of the company’s stock worth $37,000 after buying an additional 160 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its stake in shares of iShares U.S. Industrials ETF by 245.1% during the 4th quarter. Global Retirement Partners LLC now owns 735 shares of the company’s stock worth $82,000 after buying an additional 522 shares during the last quarter.

iShares U.S. Industrials ETF Stock Performance

BATS:IYJ opened at $119.48 on Friday. iShares U.S. Industrials ETF has a 52-week low of $123.05 and a 52-week high of $158.32. The company has a market cap of $1.57 billion, a P/E ratio of 27.09 and a beta of 0.95. The stock’s 50-day simple moving average is $121.66 and its 200 day simple moving average is $119.28.

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.