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

SFE Investment Counsel cut its holdings in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 8.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,488 shares of the company’s stock after selling 237 shares during the period. 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 institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Financial Life Planners bought a new position in shares of iShares U.S. Industrials ETF during the 4th quarter valued at about $27,000. Finley Financial LLC bought a new position in iShares U.S. Industrials ETF in the fourth quarter valued at approximately $35,000. Reston Wealth Management LLC acquired a new position in shares of iShares U.S. Industrials ETF in the third quarter valued at approximately $55,000. Concord Wealth Partners bought a new stake in shares of iShares U.S. Industrials ETF during the fourth quarter worth $57,000. Finally, Oakworth Capital Inc. raised its holdings in shares of iShares U.S. Industrials ETF by 7,163.6% during the third quarter. Oakworth Capital Inc. now owns 799 shares of the company’s stock worth $107,000 after acquiring an additional 788 shares during the period.

iShares U.S. Industrials ETF Trading Up 3.0 %

IYJ opened at $138.79 on Thursday. The firm’s fifty day simple moving average is $137.52 and its 200 day simple moving average is $134.36. The stock 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 12 month low of $123.05 and a 12 month high of $158.32.

About iShares U.S. Industrials ETF

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.