SFE Investment Counsel Cuts Stake in iShares U.S. Industrials ETF (BATS:IYJ)

SFE Investment Counsel cut its holdings in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 6.3% during the second quarter, HoldingsChannel.com reports. 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 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Essex LLC grew its stake in iShares U.S. Industrials ETF by 0.9% during the 2nd quarter. Essex LLC now owns 11,030 shares of the company’s stock worth $1,317,000 after buying an additional 100 shares during the last quarter. Mather Group LLC. increased its holdings in shares of iShares U.S. Industrials ETF by 116.7% during the second quarter. Mather Group LLC. now owns 208 shares of the company’s stock valued at $26,000 after acquiring an additional 112 shares in the last quarter. CWM LLC increased its holdings in shares of iShares U.S. Industrials ETF by 2.2% during the first quarter. CWM LLC now owns 6,363 shares of the company’s stock valued at $800,000 after acquiring an additional 140 shares in the last quarter. Fortis Group Advisors LLC raised its position in shares of iShares U.S. Industrials ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 320 shares of the company’s stock valued at $37,000 after purchasing an additional 160 shares during the last quarter. Finally, Blair William & Co. IL boosted its stake in iShares U.S. Industrials ETF by 4.5% in the 1st quarter. Blair William & Co. IL now owns 3,829 shares of the company’s stock worth $481,000 after purchasing an additional 165 shares in the last quarter.

iShares U.S. Industrials ETF Trading Down 0.8 %

BATS:IYJ opened at $125.17 on Friday. iShares U.S. Industrials ETF has a twelve month low of $123.05 and a twelve month high of $158.32. The company has a market cap of $1.65 billion, a PE ratio of 27.09 and a beta of 0.95. The company’s 50 day moving average is $124.00 and its two-hundred day moving average is $122.71.

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.