iShares U.S. Industrials ETF (BATS:IYJ) Stake Decreased by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC decreased its position in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 3.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 2,432 shares of the company’s stock after selling 87 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in iShares U.S. Industrials ETF were worth $325,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IYJ. Ashton Thomas Private Wealth LLC bought a new stake in iShares U.S. Industrials ETF during the second quarter worth approximately $30,000. Reston Wealth Management LLC bought a new stake in iShares U.S. Industrials ETF during the third quarter worth approximately $55,000. Family Asset Management LLC raised its holdings in iShares U.S. Industrials ETF by 171.9% during the second quarter. Family Asset Management LLC now owns 533 shares of the company’s stock worth $64,000 after purchasing an additional 337 shares in the last quarter. Denver PWM LLC bought a new stake in iShares U.S. Industrials ETF during the second quarter worth approximately $80,000. Finally, Oakworth Capital Inc. raised its holdings in iShares U.S. Industrials ETF by 7,163.6% during the third quarter. Oakworth Capital Inc. now owns 799 shares of the company’s stock worth $107,000 after purchasing an additional 788 shares in the last quarter.

iShares U.S. Industrials ETF Price Performance

Shares of BATS:IYJ opened at $139.34 on Friday. iShares U.S. Industrials ETF has a 12 month low of $123.05 and a 12 month high of $158.32. The stock has a market cap of $1.83 billion, a price-to-earnings ratio of 27.09 and a beta of 0.95. The stock’s 50 day moving average price is $138.56 and its 200 day moving average price is $129.52.

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.