Royal Bank of Canada Raises Holdings in iShares U.S. Industrials ETF $IYJ

Royal Bank of Canada grew its stake in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 6.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 226,294 shares of the company’s stock after acquiring an additional 14,144 shares during the quarter. Royal Bank of Canada owned about 1.97% of iShares U.S. Industrials ETF worth $33,388,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of IYJ. Nalls Sherbakoff Group LLC acquired a new position in iShares U.S. Industrials ETF during the 4th quarter valued at approximately $29,000. Triumph Capital Management purchased a new stake in shares of iShares U.S. Industrials ETF during the third quarter valued at $32,000. Godfrey Financial Associates Inc. purchased a new stake in shares of iShares U.S. Industrials ETF during the fourth quarter valued at $34,000. IFP Advisors Inc increased its position in shares of iShares U.S. Industrials ETF by 43.3% in the 3rd quarter. IFP Advisors Inc now owns 288 shares of the company’s stock valued at $42,000 after acquiring an additional 87 shares during the period. Finally, Legacy Wealth Managment LLC ID purchased a new position in iShares U.S. Industrials ETF in the 4th quarter worth $44,000.

iShares U.S. Industrials ETF Stock Performance

Shares of IYJ opened at $166.73 on Tuesday. The stock has a 50-day moving average of $161.89 and a two-hundred day moving average of $157.60. The stock has a market cap of $1.92 billion, a P/E ratio of 25.86 and a beta of 1.10. iShares U.S. Industrials ETF has a one year low of $138.90 and a one year high of $167.86.

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.