iShares U.S. Industrials ETF (BATS:IYJ) Stake Reduced by JBR Co Financial Management Inc

JBR Co Financial Management Inc lowered its holdings in iShares U.S. Industrials ETF (BATS:IYJ) by 9.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 12,762 shares of the company’s stock after selling 1,292 shares during the quarter. iShares U.S. Industrials ETF makes up about 1.3% of JBR Co Financial Management Inc’s portfolio, making the stock its 24th biggest holding. JBR Co Financial Management Inc’s holdings in iShares U.S. Industrials ETF were worth $1,604,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Anchor Investment Management LLC acquired a new position in iShares U.S. Industrials ETF in the fourth quarter worth approximately $31,000. Baystate Wealth Management LLC grew its holdings in shares of iShares U.S. Industrials ETF by 143.1% in the 4th quarter. Baystate Wealth Management LLC now owns 282 shares of the company’s stock worth $32,000 after acquiring an additional 166 shares during the last quarter. Spire Wealth Management raised its position in shares of iShares U.S. Industrials ETF by 288.9% during the fourth quarter. Spire Wealth Management now owns 280 shares of the company’s stock worth $32,000 after purchasing an additional 208 shares during the period. Fortis Group Advisors LLC lifted its holdings in shares of iShares U.S. Industrials ETF by 100.0% during the fourth 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, Global Retirement Partners LLC boosted its position in shares of iShares U.S. Industrials ETF by 245.1% in the 4th quarter. Global Retirement Partners LLC now owns 735 shares of the company’s stock valued at $82,000 after purchasing an additional 522 shares during the period.

iShares U.S. Industrials ETF Stock Performance

IYJ traded down $0.78 during trading on Thursday, reaching $124.39. The company had a trading volume of 51,933 shares. iShares U.S. Industrials ETF has a 12-month low of $123.05 and a 12-month high of $158.32. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 27.09 and a beta of 0.95. The firm’s 50-day simple moving average is $121.53 and its 200 day simple moving average is $120.11.

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.