SFE Investment Counsel Sells 175 Shares of iShares U.S. Industrials ETF (BATS:IYJ)

SFE Investment Counsel trimmed its stake in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 5.2% in the fourth quarter, HoldingsChannel reports. The firm owned 3,162 shares of the company’s stock after selling 175 shares during the quarter. SFE Investment Counsel’s holdings in iShares U.S. Industrials ETF were worth $362,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Anchor Investment Management LLC bought a new position in iShares U.S. Industrials ETF during the fourth quarter worth $31,000. Baystate Wealth Management LLC boosted its position in iShares U.S. Industrials ETF by 143.1% during the fourth quarter. Baystate Wealth Management LLC now owns 282 shares of the company’s stock worth $32,000 after purchasing an additional 166 shares during the period. Family Asset Management LLC boosted its position in iShares U.S. Industrials ETF by 141.6% during the third quarter. Family Asset Management LLC now owns 430 shares of the company’s stock worth $43,000 after purchasing an additional 252 shares during the period. Tyler Stone Wealth Management bought a new position in iShares U.S. Industrials ETF during the second quarter worth $64,000. Finally, Global Retirement Partners LLC boosted its position in iShares U.S. Industrials ETF by 245.1% during the fourth quarter. Global Retirement Partners LLC now owns 735 shares of the company’s stock worth $82,000 after purchasing an additional 522 shares during the period.

iShares U.S. Industrials ETF Price Performance

IYJ stock opened at $119.30 on Friday. The company has a fifty day moving average price of $121.87 and a two-hundred day moving average price of $112.53. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of 27.06 and a beta of 0.97. iShares U.S. Industrials ETF has a one year low of $123.05 and a one year 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.