IYJ Stock Summary and Trading Ideas (iShares U.S. Industrials ETF | BATS:IYJ)

The iShares U.S. Industrials ETF seeks to track the investment results of an index composed of U.S. equities in the industrials sector. IYJ changed its index from the Dow Jones U.S. Industrials Index to the Russell 1000 Industrials 40 Act 15/22.5 Daily Capped Index.

iShares U.S. Industrials ETF trades on the BATS stock market under the symbol IYJ.

As of May 7, 2024, IYJ stock price climbed to $123.03 with 80,697 million shares trading.

IYJ has a beta of 1.05, meaning it tends to be more sensitive to market movements. IYJ has a correlation of 0.87 to the broad based SPY ETF.

IYJ has a market cap of $1.61 billion. This is considered a Small Cap stock.

In the last 3 years, IYJ stock traded as high as $126.07 and as low as $82.74.

IYJ has underperformed the market in the last year with a price return of +25.4% while the SPY ETF gained +27.0%. However, in the short term, IYJ had mixed performance relative to the market. It has outperformed in the last 3 months, returning +5.8% vs +5.0% return in SPY. But in the last 2 weeks, IYJ shares have been beat by the market, returning +2.3% compared to an SPY return of +3.5%.

IYJ support price is $121.28 and resistance is $123.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IYJ stock will trade within this expected range on the day.