MinichMacGregor Wealth Management LLC Sells 83,243 Shares of iShares U.S. Industrials ETF $IYJ

MinichMacGregor Wealth Management LLC lowered its position in iShares U.S. Industrials ETF (BATS:IYJ) by 95.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,639 shares of the company’s stock after selling 83,243 shares during the quarter. MinichMacGregor Wealth Management LLC’s holdings in iShares U.S. Industrials ETF were worth $558,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in IYJ. Adirondack Capital Advisors LLC grew its holdings in iShares U.S. Industrials ETF by 2.8% during the 3rd quarter. Adirondack Capital Advisors LLC now owns 25,435 shares of the company’s stock valued at $3,901,000 after buying an additional 700 shares during the last quarter. Atlas Brown Inc. purchased a new stake in iShares U.S. Industrials ETF in the third quarter valued at approximately $263,000. Farther Finance Advisors LLC increased its holdings in shares of iShares U.S. Industrials ETF by 14.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,742 shares of the company’s stock worth $267,000 after buying an additional 225 shares during the last quarter. Westwind Capital increased its stake in iShares U.S. Industrials ETF by 1.0% during the third quarter. Westwind Capital now owns 15,700 shares of the company’s stock worth $2,408,000 after acquiring an additional 149 shares during the last quarter. Finally, CoreCap Advisors LLC raised its holdings in iShares U.S. Industrials ETF by 12.4% in the third quarter. CoreCap Advisors LLC now owns 1,969 shares of the company’s stock valued at $302,000 after buying an additional 217 shares during the period.

iShares U.S. Industrials ETF Trading Down 1.1%

Shares of IYJ traded down $1.66 during midday trading on Wednesday, reaching $155.40. 15,540 shares of the company were exchanged, compared to its average volume of 133,904. The stock has a 50-day moving average price of $160.57 and a 200-day moving average price of $159.38. The company has a market cap of $1.79 billion, a price-to-earnings ratio of 25.86 and a beta of 1.10. iShares U.S. Industrials ETF has a 1-year low of $138.90 and a 1-year high of $171.25.

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.