Norden Group LLC Buys 8,867 Shares of iShares U.S. Industrials ETF (BATS:IYJ)

Norden Group LLC raised its stake in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 17.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 61,080 shares of the company’s stock after purchasing an additional 8,867 shares during the period. iShares U.S. Industrials ETF accounts for 1.5% of Norden Group LLC’s holdings, making the stock its 11th biggest position. Norden Group LLC’s holdings in iShares U.S. Industrials ETF were worth $7,295,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Private Advisor Group LLC grew its holdings in iShares U.S. Industrials ETF by 7.0% during the second quarter. Private Advisor Group LLC now owns 34,648 shares of the company’s stock valued at $4,138,000 after purchasing an additional 2,281 shares during the period. Denver PWM LLC bought a new position in shares of iShares U.S. Industrials ETF in the second quarter worth about $80,000. Family Asset Management LLC boosted its stake in shares of iShares U.S. Industrials ETF by 171.9% in the second quarter. Family Asset Management LLC now owns 533 shares of the company’s stock worth $64,000 after acquiring an additional 337 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of iShares U.S. Industrials ETF by 5.2% in the second quarter. Commonwealth Equity Services LLC now owns 48,201 shares of the company’s stock worth $5,757,000 after acquiring an additional 2,362 shares during the period. Finally, IFG Advisory LLC bought a new position in shares of iShares U.S. Industrials ETF in the second quarter worth about $576,000.

iShares U.S. Industrials ETF Price Performance

Shares of BATS IYJ traded down $1.06 during mid-day trading on Friday, reaching $125.17. The company’s stock had a trading volume of 53,112 shares. The firm has a market capitalization of $1.65 billion, a PE ratio of 27.09 and a beta of 0.95. The stock has a fifty day moving average of $124.00 and a two-hundred day moving average of $122.71. iShares U.S. Industrials ETF has a 52 week low of $123.05 and a 52 week high of $158.32.

iShares U.S. Industrials ETF Company Profile

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.