iShares U.S. Industrials ETF (BATS:IYJ) Sets New 12-Month Low at $119.91

iShares U.S. Industrials ETF (BATS:IYJ)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $119.91 and last traded at $120.37, with a volume of 64434 shares trading hands. The stock had previously closed at $120.76.

iShares U.S. Industrials ETF Stock Down 0.3 %

The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 27.06 and a beta of 0.97. The stock has a 50 day moving average of $121.71 and a 200 day moving average of $112.30.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Morgan Stanley increased its stake in shares of iShares U.S. Industrials ETF by 4.0% in the third quarter. Morgan Stanley now owns 733,173 shares of the company’s stock valued at $73,970,000 after buying an additional 28,019 shares during the period. Wells Fargo & Company MN boosted its holdings in iShares U.S. Industrials ETF by 0.8% in the fourth quarter. Wells Fargo & Company MN now owns 339,241 shares of the company’s stock valued at $38,796,000 after acquiring an additional 2,581 shares during the last quarter. LPL Financial LLC boosted its holdings in iShares U.S. Industrials ETF by 1.5% in the third quarter. LPL Financial LLC now owns 261,482 shares of the company’s stock valued at $26,381,000 after acquiring an additional 3,828 shares during the last quarter. UBS Group AG boosted its holdings in iShares U.S. Industrials ETF by 6.5% in the fourth quarter. UBS Group AG now owns 244,054 shares of the company’s stock valued at $27,910,000 after acquiring an additional 14,923 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings in iShares U.S. Industrials ETF by 13.2% in the third quarter. Royal Bank of Canada now owns 239,823 shares of the company’s stock valued at $24,196,000 after acquiring an additional 27,964 shares during the last quarter.

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.