SFE Investment Counsel Lowers Holdings in iShares U.S. Industrials ETF (BATS:IYJ)

SFE Investment Counsel lowered its position in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 6.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,900 shares of the company’s stock after selling 196 shares during the period. SFE Investment Counsel’s holdings in iShares U.S. Industrials ETF were worth $346,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IYJ. Private Advisor Group LLC boosted its stake in shares of iShares U.S. Industrials ETF by 7.0% during the second quarter. Private Advisor Group LLC now owns 34,648 shares of the company’s stock valued at $4,138,000 after purchasing an additional 2,281 shares in the last quarter. Denver PWM LLC purchased a new stake in iShares U.S. Industrials ETF during the second quarter worth $80,000. Family Asset Management LLC boosted its position 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 acquiring an additional 337 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in iShares U.S. Industrials ETF by 5.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 48,201 shares of the company’s stock valued at $5,757,000 after acquiring an additional 2,362 shares in the last quarter. Finally, IFG Advisory LLC purchased a new position in shares of iShares U.S. Industrials ETF in the 2nd quarter valued at $576,000.

iShares U.S. Industrials ETF Price Performance

Shares of BATS IYJ opened at $125.17 on Friday. iShares U.S. Industrials ETF has a 1-year low of $123.05 and a 1-year high of $158.32. The business has a fifty day moving average price of $124.00 and a 200 day moving average price of $122.71. The stock has a market capitalization of $1.65 billion, a P/E ratio of 27.09 and a beta of 0.95.

iShares U.S. Industrials ETF Profile

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.