MML Investors Services LLC Grows Stock Holdings in iShares U.S. Industrials ETF $IYJ

MML Investors Services LLC raised its position in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 10.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 257,237 shares of the company’s stock after buying an additional 23,393 shares during the period. MML Investors Services LLC owned about 2.24% of iShares U.S. Industrials ETF worth $38,115,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of IYJ. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares U.S. Industrials ETF by 1,131.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 103,955 shares of the company’s stock valued at $15,403,000 after acquiring an additional 95,515 shares in the last quarter. BCS Wealth Management acquired a new stake in shares of iShares U.S. Industrials ETF in the fourth quarter valued at $1,511,000. BNP Paribas Financial Markets raised its stake in shares of iShares U.S. Industrials ETF by 98.6% in the fourth quarter. BNP Paribas Financial Markets now owns 100,000 shares of the company’s stock valued at $14,817,000 after acquiring an additional 49,643 shares in the last quarter. Adirondack Capital Advisors LLC acquired a new stake in shares of iShares U.S. Industrials ETF in the fourth quarter valued at $2,790,000. Finally, Well Done LLC raised its stake in shares of iShares U.S. Industrials ETF by 14.0% in the fourth quarter. Well Done LLC now owns 49,821 shares of the company’s stock valued at $7,382,000 after acquiring an additional 6,132 shares in the last quarter.

iShares U.S. Industrials ETF Trading Up 1.2%

Shares of BATS IYJ opened at $161.00 on Tuesday. The stock has a market cap of $1.85 billion, a P/E ratio of 25.86 and a beta of 1.10. iShares U.S. Industrials ETF has a 12-month low of $136.21 and a 12-month high of $163.45. The business’s fifty day simple moving average is $156.50 and its 200-day simple moving average is $154.01.

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.