Burke & Herbert Bank & Trust Co. Takes Position in iShares U.S. Industrials ETF (BATS:IYJ)

Burke & Herbert Bank & Trust Co. acquired a new position in shares of iShares U.S. Industrials ETF (BATS:IYJ) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,200 shares of the company’s stock, valued at approximately $382,000.

A number of other hedge funds have also modified their holdings of IYJ. Mather Group LLC. boosted its position in iShares U.S. Industrials ETF by 116.7% during the 2nd quarter. Mather Group LLC. now owns 208 shares of the company’s stock worth $26,000 after acquiring an additional 112 shares during the last quarter. Baystate Wealth Management LLC boosted its holdings in iShares U.S. Industrials ETF by 143.1% during 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 last quarter. 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. Fortis Group Advisors LLC grew its position in iShares U.S. Industrials ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 320 shares of the company’s stock valued at $37,000 after purchasing an additional 160 shares in the last quarter. Finally, Avondale Wealth Management increased its stake in iShares U.S. Industrials ETF by 100.0% in the 2nd quarter. Avondale Wealth Management now owns 1,000 shares of the company’s stock valued at $119,000 after buying an additional 500 shares during the last quarter.

iShares U.S. Industrials ETF Price Performance

iShares U.S. Industrials ETF stock opened at $123.24 on Wednesday. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 27.09 and a beta of 0.95. The firm has a 50-day moving average of $121.60 and a 200-day moving average of $121.50. iShares U.S. Industrials ETF has a one year low of $123.05 and a one 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.