iShares U.S. Industrials ETF $IYJ Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its stake in iShares U.S. Industrials ETF (BATS:IYJ) by 17.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,338 shares of the company’s stock after selling 7,422 shares during the period. Truist Financial Corp owned about 0.32% of iShares U.S. Industrials ETF worth $5,301,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC increased its position in shares of iShares U.S. Industrials ETF by 1.5% in the 1st quarter. NewEdge Advisors LLC now owns 7,239 shares of the company’s stock worth $942,000 after purchasing an additional 104 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in iShares U.S. Industrials ETF during the 2nd quarter worth approximately $378,000. QRG Capital Management Inc. acquired a new position in shares of iShares U.S. Industrials ETF in the 2nd quarter worth approximately $301,000. DAVENPORT & Co LLC increased its holdings in shares of iShares U.S. Industrials ETF by 9.9% in the 2nd quarter. DAVENPORT & Co LLC now owns 13,776 shares of the company’s stock valued at $1,960,000 after acquiring an additional 1,237 shares during the last quarter. Finally, Independent Solutions Wealth Management LLC bought a new stake in shares of iShares U.S. Industrials ETF in the 2nd quarter valued at approximately $262,000.

iShares U.S. Industrials ETF Stock Performance

Shares of BATS:IYJ opened at $156.39 on Wednesday. iShares U.S. Industrials ETF has a 1-year low of $111.51 and a 1-year high of $147.27. The company’s fifty day moving average is $150.83 and its two-hundred day moving average is $147.07. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of 25.86 and a beta of 1.10.

iShares U.S. Industrials ETF Company 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.