Bank of New York Mellon Corp Purchases 5,006 Shares of iShares U.S. Industrials ETF (BATS:IYJ)

Bank of New York Mellon Corp increased its position in iShares U.S. Industrials ETF (BATS:IYJ) by 84.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,922 shares of the company’s stock after purchasing an additional 5,006 shares during the period. Bank of New York Mellon Corp’s holdings in iShares U.S. Industrials ETF were worth $1,422,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Alpine Bank Wealth Management bought a new position in shares of iShares U.S. Industrials ETF in the 1st quarter worth $29,000. Aptus Capital Advisors LLC lifted its holdings in shares of iShares U.S. Industrials ETF by 653.3% in the 4th quarter. Aptus Capital Advisors LLC now owns 226 shares of the company’s stock worth $30,000 after purchasing an additional 196 shares in the last quarter. Centricity Wealth Management LLC bought a new position in shares of iShares U.S. Industrials ETF in the 1st quarter worth $30,000. Redwood Park Advisors LLC bought a new position in shares of iShares U.S. Industrials ETF in the 4th quarter worth $44,000. Finally, Sound Income Strategies LLC lifted its holdings in shares of iShares U.S. Industrials ETF by 171.4% in the 1st quarter. Sound Income Strategies LLC now owns 380 shares of the company’s stock worth $49,000 after purchasing an additional 240 shares in the last quarter.

iShares U.S. Industrials ETF Stock Up 8.0%

Shares of IYJ opened at $145.44 on Thursday. iShares U.S. Industrials ETF has a 12-month low of $111.51 and a 12-month high of $147.27. The business’s fifty day moving average is $141.70 and its 200 day moving average is $135.82. The stock has a market cap of $1.67 billion, a P/E ratio of 25.86 and a beta of 1.10.

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.