Harmony Asset Management LLC Increases Position in iShares U.S. Industrials ETF (BATS:IYJ)

Harmony Asset Management LLC increased its position in iShares U.S. Industrials ETF (BATS:IYJ) by 15.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 15,680 shares of the company’s stock after buying an additional 2,144 shares during the quarter. Harmony Asset Management LLC’s holdings in iShares U.S. Industrials ETF were worth $2,096,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Ashton Thomas Private Wealth LLC acquired a new position in iShares U.S. Industrials ETF in the 2nd quarter valued at $30,000. Arkadios Wealth Advisors purchased a new stake in iShares U.S. Industrials ETF during the 2nd quarter worth $376,000. LPL Financial LLC lifted its holdings in iShares U.S. Industrials ETF by 25.5% during the 2nd quarter. LPL Financial LLC now owns 314,270 shares of the company’s stock worth $37,536,000 after buying an additional 63,950 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of iShares U.S. Industrials ETF by 148.8% during the second quarter. Bank of New York Mellon Corp now owns 4,473 shares of the company’s stock valued at $534,000 after purchasing an additional 2,675 shares during the period. Finally, Oakworth Capital Inc. lifted its holdings in shares of iShares U.S. Industrials ETF by 7,163.6% in the third quarter. Oakworth Capital Inc. now owns 799 shares of the company’s stock valued at $107,000 after purchasing an additional 788 shares in the last quarter.

iShares U.S. Industrials ETF Stock Performance

Shares of iShares U.S. Industrials ETF stock opened at $143.07 on Tuesday. The firm’s 50-day simple moving average is $137.17 and its 200-day simple moving average is $128.51. The firm has a market cap of $1.88 billion, a P/E ratio of 27.09 and a beta of 0.95. iShares U.S. Industrials ETF has a twelve month low of $123.05 and a twelve month high of $158.32.

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.