Cetera Investment Advisers Cuts Stock Position in iShares U.S. Industrials ETF $IYJ

Cetera Investment Advisers decreased its stake in iShares U.S. Industrials ETF (BATS:IYJ) by 49.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,309 shares of the company’s stock after selling 27,454 shares during the period. Cetera Investment Advisers’ holdings in iShares U.S. Industrials ETF were worth $4,177,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Legacy Edge Advisors LLC purchased a new stake in shares of iShares U.S. Industrials ETF during the fourth quarter valued at approximately $15,415,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares U.S. Industrials ETF by 1,131.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 103,955 shares of the company’s stock valued at $15,403,000 after purchasing an additional 95,515 shares during the period. Virtue Capital Management LLC grew its holdings in iShares U.S. Industrials ETF by 962.2% during the 4th quarter. Virtue Capital Management LLC now owns 79,572 shares of the company’s stock valued at $11,790,000 after purchasing an additional 72,081 shares in the last quarter. MML Investors Services LLC grew its holdings in iShares U.S. Industrials ETF by 45.8% during the 2nd quarter. MML Investors Services LLC now owns 220,413 shares of the company’s stock valued at $31,367,000 after purchasing an additional 69,196 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in iShares U.S. Industrials ETF during the 2nd quarter valued at $7,166,000.

iShares U.S. Industrials ETF Stock Performance

BATS:IYJ opened at $169.86 on Wednesday. The stock has a market cap of $1.95 billion, a price-to-earnings ratio of 25.86 and a beta of 1.10. iShares U.S. Industrials ETF has a one year low of $138.90 and a one year high of $170.09. The business’s 50-day simple moving average is $162.12 and its 200 day simple moving average is $157.71.

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.