Rockefeller Capital Management L.P. Has $2.74 Million Position in iShares U.S. Industrials ETF $IYJ

Rockefeller Capital Management L.P. lowered its position in iShares U.S. Industrials ETF (BATS:IYJ) by 62.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 18,497 shares of the company’s stock after selling 30,468 shares during the period. Rockefeller Capital Management L.P.’s holdings in iShares U.S. Industrials ETF were worth $2,741,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nalls Sherbakoff Group LLC acquired a new stake in iShares U.S. Industrials ETF in the fourth quarter valued at approximately $29,000. Triumph Capital Management acquired a new position in shares of iShares U.S. Industrials ETF during the 3rd quarter worth $32,000. Godfrey Financial Associates Inc. acquired a new position in shares of iShares U.S. Industrials ETF during the 4th quarter worth $34,000. IFP Advisors Inc increased its stake in shares of iShares U.S. Industrials ETF by 43.3% during the 3rd quarter. IFP Advisors Inc now owns 288 shares of the company’s stock worth $42,000 after purchasing an additional 87 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID bought a new position in shares of iShares U.S. Industrials ETF during the 4th quarter valued at $44,000.

iShares U.S. Industrials ETF Stock Performance

iShares U.S. Industrials ETF stock opened at $163.15 on Monday. iShares U.S. Industrials ETF has a 1-year low of $138.90 and a 1-year high of $166.74. The firm’s fifty day simple moving average is $158.03 and its 200-day simple moving average is $155.08. The company has a market capitalization of $1.88 billion, a P/E 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.