Arkadios Wealth Advisors Reduces Position in iShares U.S. Industrials ETF $IYJ

Arkadios Wealth Advisors cut its position in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 7.4% in the second quarter, Holdings Channel.com reports. The firm owned 4,525 shares of the company’s stock after selling 359 shares during the quarter. Arkadios Wealth Advisors’ holdings in iShares U.S. Industrials ETF were worth $644,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Ramirez Asset Management Inc. purchased a new position in shares of iShares U.S. Industrials ETF during the first quarter valued at approximately $26,000. Harbor Asset Planning Inc. purchased a new position in iShares U.S. Industrials ETF during the 2nd quarter valued at $31,000. Bessemer Group Inc. purchased a new position in iShares U.S. Industrials ETF during the 2nd quarter valued at $31,000. IFP Advisors Inc boosted its holdings in iShares U.S. Industrials ETF by 124.3% during the 1st quarter. IFP Advisors Inc now owns 240 shares of the company’s stock valued at $31,000 after acquiring an additional 133 shares during the period. Finally, NorthRock Partners LLC boosted its holdings in iShares U.S. Industrials ETF by 1,703.7% during the 1st quarter. NorthRock Partners LLC now owns 487 shares of the company’s stock valued at $63,000 after acquiring an additional 460 shares during the period.

iShares U.S. Industrials ETF Trading Up 8.1%

Shares of IYJ opened at $145.61 on Tuesday. The firm has a market capitalization of $1.67 billion, a P/E ratio of 25.86 and a beta of 1.10. iShares U.S. Industrials ETF has a 12-month low of $111.51 and a 12-month high of $147.27. The firm has a fifty day moving average price of $145.76 and a 200-day moving average price of $141.74.

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.