Bank of New York Mellon Corp Grows Stock Holdings in iShares U.S. Industrials ETF (BATS:IYJ)

Bank of New York Mellon Corp lifted its position in iShares U.S. Industrials ETF (BATS:IYJ) by 148.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,473 shares of the company’s stock after buying an additional 2,675 shares during the period. Bank of New York Mellon Corp’s holdings in iShares U.S. Industrials ETF were worth $534,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. increased its position in shares of 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 purchasing an additional 8,684 shares in the last quarter. Advisory Services Network LLC grew its position in iShares U.S. Industrials ETF by 73.2% during the 4th quarter. Advisory Services Network LLC now owns 28,122 shares of the company’s stock worth $3,216,000 after purchasing an additional 11,889 shares during the last quarter. Royal Fund Management LLC increased its stake in iShares U.S. Industrials ETF by 6.4% during the 1st quarter. Royal Fund Management LLC now owns 17,441 shares of the company’s stock valued at $2,200,000 after purchasing an additional 1,050 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in iShares U.S. Industrials ETF during the 4th quarter valued at approximately $207,000. Finally, Osaic Holdings Inc. raised its holdings in shares of iShares U.S. Industrials ETF by 88.8% in the first quarter. Osaic Holdings Inc. now owns 74,283 shares of the company’s stock worth $9,320,000 after buying an additional 34,944 shares during the last quarter.

iShares U.S. Industrials ETF Price Performance

BATS IYJ opened at $133.18 on Tuesday. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 27.09 and a beta of 0.95. The stock’s fifty day moving average price is $126.23 and its 200 day moving average price is $123.48. iShares U.S. Industrials ETF has a 1 year low of $123.05 and a 1 year high of $158.32.

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.