Truist Financial Corp Grows Holdings in iShares U.S. Industrials ETF (BATS:IYJ)

Truist Financial Corp raised its position in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 35.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,834 shares of the company’s stock after purchasing an additional 1,776 shares during the quarter. Truist Financial Corp’s holdings in iShares U.S. Industrials ETF were worth $816,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Mather Group LLC. increased its stake in iShares U.S. Industrials ETF by 116.7% in the 2nd quarter. Mather Group LLC. now owns 208 shares of the company’s stock worth $26,000 after buying an additional 112 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of iShares U.S. Industrials ETF during the second quarter worth about $30,000. Family Asset Management LLC raised its stake in iShares U.S. Industrials ETF by 171.9% during the 2nd quarter. Family Asset Management LLC now owns 533 shares of the company’s stock valued at $64,000 after purchasing an additional 337 shares during the period. Denver PWM LLC purchased a new position in iShares U.S. Industrials ETF in the 2nd quarter worth approximately $80,000. Finally, Avondale Wealth Management boosted its stake in iShares U.S. Industrials ETF by 100.0% in the 2nd quarter. Avondale Wealth Management now owns 1,000 shares of the company’s stock worth $119,000 after purchasing an additional 500 shares during the period.

iShares U.S. Industrials ETF Price Performance

Shares of IYJ opened at $136.78 on Tuesday. The firm has a market cap of $1.80 billion, a P/E ratio of 27.09 and a beta of 0.95. iShares U.S. Industrials ETF has a 1 year low of $123.05 and a 1 year high of $158.32. The company has a 50 day simple moving average of $129.12 and a two-hundred day simple moving average of $124.54.

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.