iShares U.S. Industrials ETF (BATS:IYJ) Short Interest Update

iShares U.S. Industrials ETF (BATS:IYJ) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 175,891 shares, a growth of 80.4% from the July 15th total of 97,483 shares. Currently, 1.5% of the shares of the stock are short sold. Based on an average daily volume of 95,127 shares, the short-interest ratio is currently 1.8 days.

Institutional Investors Weigh In On iShares U.S. Industrials ETF

A number of hedge funds have recently modified their holdings of IYJ. BNP Paribas Financial Markets increased its stake in iShares U.S. Industrials ETF by 98.6% during the fourth quarter. BNP Paribas Financial Markets now owns 100,000 shares of the company’s stock worth $14,817,000 after acquiring an additional 49,643 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in iShares U.S. Industrials ETF by 1,131.7% in 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 during the last quarter. Adirondack Capital Advisors LLC purchased a new stake in iShares U.S. Industrials ETF in the fourth quarter valued at approximately $2,790,000. MinichMacGregor Wealth Management LLC raised its holdings in shares of iShares U.S. Industrials ETF by 11.5% in the 1st quarter. MinichMacGregor Wealth Management LLC now owns 83,451 shares of the company’s stock valued at $12,312,000 after buying an additional 8,630 shares during the period. Finally, Prospera Financial Services Inc lifted its position in shares of iShares U.S. Industrials ETF by 3.7% during the fourth quarter. Prospera Financial Services Inc now owns 96,769 shares of the company’s stock worth $14,338,000 after purchasing an additional 3,479 shares in the last quarter.

iShares U.S. Industrials ETF Trading Down 0.5%

Shares of BATS IYJ opened at $168.85 on Tuesday. The company has a 50-day moving average of $164.15 and a 200 day moving average of $158.59. iShares U.S. Industrials ETF has a 12-month low of $138.90 and a 12-month high of $171.25. The stock has a market cap of $1.94 billion, a PE ratio of 25.86 and a beta of 1.10.

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.