SFE Investment Counsel Sells 237 Shares of iShares U.S. Industrials ETF (BATS:IYJ)

SFE Investment Counsel reduced its stake in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 8.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,488 shares of the company’s stock after selling 237 shares during the quarter. SFE Investment Counsel’s holdings in iShares U.S. Industrials ETF were worth $332,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Financial Life Planners acquired a new stake in shares of iShares U.S. Industrials ETF in the 4th quarter valued at $27,000. Finley Financial LLC acquired a new stake in iShares U.S. Industrials ETF in the fourth quarter worth about $35,000. Reston Wealth Management LLC bought a new stake in iShares U.S. Industrials ETF during the 3rd quarter worth about $55,000. Concord Wealth Partners acquired a new position in iShares U.S. Industrials ETF during the 4th quarter valued at about $57,000. Finally, Oakworth Capital Inc. boosted its stake in shares of iShares U.S. Industrials ETF by 7,163.6% in the 3rd quarter. Oakworth Capital Inc. now owns 799 shares of the company’s stock valued at $107,000 after purchasing an additional 788 shares during the last quarter.

iShares U.S. Industrials ETF Price Performance

Shares of BATS IYJ opened at $138.79 on Thursday. The company’s 50 day simple moving average is $137.52 and its 200 day simple moving average is $134.36. The firm has a market capitalization of $1.83 billion, a P/E ratio of 27.09 and a beta of 0.95. iShares U.S. Industrials ETF has a fifty-two week low of $123.05 and a fifty-two week high of $158.32.

iShares U.S. Industrials ETF Company 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.