Demars Financial Group LLC Invests $1.33 Million in iShares U.S. Industrials ETF (BATS:IYJ)

Demars Financial Group LLC acquired a new position in shares of iShares U.S. Industrials ETF (BATS:IYJ) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 8,822 shares of the company’s stock, valued at approximately $1,330,000. iShares U.S. Industrials ETF accounts for about 1.0% of Demars Financial Group LLC’s holdings, making the stock its 29th largest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cetera Investment Advisers lifted its position in iShares U.S. Industrials ETF by 23.4% in the first quarter. Cetera Investment Advisers now owns 2,873 shares of the company’s stock worth $357,000 after purchasing an additional 545 shares during the period. First Allied Advisory Services Inc. lifted its position in iShares U.S. Industrials ETF by 2.5% in the first quarter. First Allied Advisory Services Inc. now owns 7,192 shares of the company’s stock worth $893,000 after purchasing an additional 178 shares during the period. PNC Financial Services Group Inc. lifted its position in iShares U.S. Industrials ETF by 2.2% in the first quarter. PNC Financial Services Group Inc. now owns 9,804 shares of the company’s stock worth $1,218,000 after purchasing an additional 208 shares during the period. Moloney Securities Asset Management LLC lifted its position in iShares U.S. Industrials ETF by 75.0% in the first quarter. Moloney Securities Asset Management LLC now owns 2,489 shares of the company’s stock worth $309,000 after purchasing an additional 1,067 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in iShares U.S. Industrials ETF by 43.6% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,126 shares of the company’s stock worth $139,000 after purchasing an additional 342 shares during the period.

IYJ traded up $0.58 during trading on Wednesday, reaching $169.74. The stock had a trading volume of 57,105 shares. iShares U.S. Industrials ETF has a 1-year low of $123.05 and a 1-year high of $158.32. The stock has a 50 day moving average of $165.87 and a two-hundred day moving average of $147.09.

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.

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Institutional Ownership by Quarter for iShares U.S. Industrials ETF (BATS:IYJ)

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