Goldman Sachs Group Inc. Sells 17,254 Shares of iShares U.S. Industrials ETF $IYJ

Goldman Sachs Group Inc. cut its stake in iShares U.S. Industrials ETF (BATS:IYJ) by 22.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,097 shares of the company’s stock after selling 17,254 shares during the period. Goldman Sachs Group Inc. owned 0.52% of iShares U.S. Industrials ETF worth $7,693,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Ramirez Asset Management Inc. bought a new stake in iShares U.S. Industrials ETF in the first quarter valued at approximately $26,000. Alpine Bank Wealth Management acquired a new position in iShares U.S. Industrials ETF in the first quarter valued at approximately $29,000. Centricity Wealth Management LLC acquired a new position in iShares U.S. Industrials ETF in the first quarter valued at approximately $30,000. IFP Advisors Inc lifted its stake in iShares U.S. Industrials ETF by 124.3% in the first quarter. IFP Advisors Inc now owns 240 shares of the company’s stock valued at $31,000 after buying an additional 133 shares during the period. Finally, Sound Income Strategies LLC lifted its stake in iShares U.S. Industrials ETF by 171.4% in the first quarter. Sound Income Strategies LLC now owns 380 shares of the company’s stock valued at $49,000 after buying an additional 240 shares during the period.

iShares U.S. Industrials ETF Stock Performance

Shares of IYJ opened at $144.69 on Friday. iShares U.S. Industrials ETF has a 52-week low of $111.51 and a 52-week high of $147.27. The business’s 50 day moving average price is $144.84 and its two-hundred day moving average price is $137.12. The firm has a market cap of $1.66 billion, a PE ratio of 25.86 and a beta of 1.10.

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.