iShares U.S. Industrials ETF (BATS:IYJ) Hits New 52-Week Low at $122.02

iShares U.S. Industrials ETF (BATS:IYJ)’s stock price reached a new 52-week low on Monday . The stock traded as low as $122.02 and last traded at $122.43, with a volume of 23656 shares changing hands. The stock had previously closed at $121.18.

iShares U.S. Industrials ETF Stock Performance

The company’s 50 day moving average price is $122.50 and its 200-day moving average price is $114.58. The company has a market cap of $1.61 billion, a price-to-earnings ratio of 26.36 and a beta of 0.96.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IYJ. Concurrent Investment Advisors LLC lifted its position in shares of iShares U.S. Industrials ETF by 1.9% in the 1st quarter. Concurrent Investment Advisors LLC now owns 40,206 shares of the company’s stock valued at $5,054,000 after acquiring an additional 740 shares in the last quarter. Csenge Advisory Group raised its stake in iShares U.S. Industrials ETF by 15.4% during the 1st quarter. Csenge Advisory Group now owns 10,694 shares of the company’s stock valued at $1,344,000 after purchasing an additional 1,425 shares during the period. Moloney Securities Asset Management LLC boosted its position in shares of iShares U.S. Industrials ETF by 931.5% in the first quarter. Moloney Securities Asset Management LLC now owns 35,988 shares of the company’s stock worth $4,524,000 after buying an additional 32,499 shares during the period. Concourse Financial Group Securities Inc. grew its holdings in shares of iShares U.S. Industrials ETF by 36.2% during the first quarter. Concourse Financial Group Securities Inc. now owns 2,026 shares of the company’s stock valued at $255,000 after buying an additional 539 shares in the last quarter. Finally, Private Advisor Group LLC raised its position in iShares U.S. Industrials ETF by 5.7% during the first quarter. Private Advisor Group LLC now owns 32,367 shares of the company’s stock valued at $4,069,000 after buying an additional 1,755 shares during the period.

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.