Ferguson Wellman Capital Management Inc. Reduces Holdings in iShares U.S. Industrials ETF (BATS:IYJ)

Ferguson Wellman Capital Management Inc. lessened its position in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 0.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 72,482 shares of the company’s stock after selling 389 shares during the quarter. Ferguson Wellman Capital Management Inc. owned about 0.61% of iShares U.S. Industrials ETF worth $7,686,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in IYJ. Prostatis Group LLC grew its position in shares of iShares U.S. Industrials ETF by 15.1% during the fourth quarter. Prostatis Group LLC now owns 34,147 shares of the company’s stock worth $34,000 after acquiring an additional 4,489 shares during the last quarter. Centerpoint Advisors LLC purchased a new position in iShares U.S. Industrials ETF during the 1st quarter worth $54,000. Householder Group Estate & Retirement Specialist LLC purchased a new position in shares of iShares U.S. Industrials ETF during the first quarter worth about $58,000. Sunbelt Securities Inc. purchased a new position in shares of iShares U.S. Industrials ETF during the first quarter worth about $74,000. Finally, Tsfg LLC grew its holdings in shares of iShares U.S. Industrials ETF by 217.7% during the first quarter. Tsfg LLC now owns 1,023 shares of the company’s stock worth $102,000 after buying an additional 701 shares during the last quarter.

iShares U.S. Industrials ETF Price Performance

Shares of IYJ stock traded down $0.66 during midday trading on Friday, hitting $104.71. The company had a trading volume of 302,490 shares. The company’s 50 day simple moving average is $107.11 and its 200 day simple moving average is $102.46. iShares U.S. Industrials ETF has a 52-week low of $123.05 and a 52-week high of $158.32. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 19.89 and a beta of 1.12.

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.