iShares U.S. Industrials ETF (BATS:IYJ) Reaches New 12-Month Low at $104.56

Shares of iShares U.S. Industrials ETF (BATS:IYJ) hit a new 52-week low during trading on Monday . The stock traded as low as $104.56 and last traded at $105.23, with a volume of 27398 shares traded. The stock had previously closed at $104.93.

iShares U.S. Industrials ETF Price Performance

The firm’s 50-day moving average is $101.13 and its 200 day moving average is $103.04. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 19.89 and a beta of 1.12.

Hedge Funds Weigh In On iShares U.S. Industrials ETF

Several institutional investors and hedge funds have recently bought and sold shares of IYJ. Citigroup Inc. increased its position in iShares U.S. Industrials ETF by 9.3% during the first quarter. Citigroup Inc. now owns 8,035 shares of the company’s stock worth $847,000 after purchasing an additional 686 shares during the last quarter. Bank of Montreal Can grew its stake in iShares U.S. Industrials ETF by 1.3% during the first quarter. Bank of Montreal Can now owns 52,294 shares of the company’s stock worth $5,626,000 after buying an additional 679 shares during the period. BlackRock Inc. grew its stake in iShares U.S. Industrials ETF by 147.0% during the first quarter. BlackRock Inc. now owns 78,455 shares of the company’s stock worth $8,272,000 after buying an additional 46,686 shares during the period. NewEdge Advisors LLC grew its stake in iShares U.S. Industrials ETF by 4.3% during the first quarter. NewEdge Advisors LLC now owns 57,110 shares of the company’s stock worth $6,021,000 after buying an additional 2,368 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in iShares U.S. Industrials ETF during the first quarter worth approximately $1,434,000.

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.