Allen Investment Management LLC Takes $836,000 Position in iShares U.S. Industrials ETF $IYJ

Allen Investment Management LLC acquired a new position in iShares U.S. Industrials ETF (BATS:IYJ) in the fourth quarter, HoldingsChannel reports. The fund acquired 5,639 shares of the company’s stock, valued at approximately $836,000.

Other institutional investors have also modified their holdings of the company. Ferguson Wellman Capital Management Inc. boosted its holdings in iShares U.S. Industrials ETF by 224.7% in the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 210,385 shares of the company’s stock worth $31,173,000 after acquiring an additional 145,585 shares in the last quarter. Legacy Edge Advisors LLC purchased a new stake in iShares U.S. Industrials ETF during the 4th quarter worth approximately $15,415,000. Northwestern Mutual Wealth Management Co. increased its stake in iShares U.S. Industrials ETF by 1,131.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 103,955 shares of the company’s stock valued at $15,403,000 after purchasing an additional 95,515 shares in the last quarter. Kozak & Associates Inc. raised its holdings in shares of iShares U.S. Industrials ETF by 52.2% in the third quarter. Kozak & Associates Inc. now owns 201,879 shares of the company’s stock worth $28,475,000 after buying an additional 69,242 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in shares of iShares U.S. Industrials ETF by 45.8% during the second quarter. MML Investors Services LLC now owns 220,413 shares of the company’s stock worth $31,367,000 after buying an additional 69,196 shares during the period.

iShares U.S. Industrials ETF Price Performance

Shares of IYJ opened at $157.47 on Wednesday. The firm has a market capitalization of $1.81 billion, a PE ratio of 25.86 and a beta of 1.10. iShares U.S. Industrials ETF has a 1-year low of $136.21 and a 1-year high of $163.45. The company’s fifty day moving average price is $154.44 and its 200-day moving average price is $152.91.

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.