Commonwealth Equity Services LLC Reduces Stock Holdings in iShares U.S. Industrials ETF $IYJ

Commonwealth Equity Services LLC trimmed its holdings in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 13.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 34,899 shares of the company’s stock after selling 5,481 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares U.S. Industrials ETF were worth $5,171,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC purchased a new position in iShares U.S. Industrials ETF during the 3rd quarter worth $1,644,000. Northwestern Mutual Wealth Management Co. grew its stake in iShares U.S. Industrials ETF by 1,131.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 103,955 shares of the company’s stock worth $15,403,000 after buying an additional 95,515 shares during the last quarter. BCS Wealth Management purchased a new position in iShares U.S. Industrials ETF during the 4th quarter worth $1,511,000. BNP Paribas Financial Markets grew its stake in iShares U.S. Industrials ETF by 98.6% during the 4th quarter. BNP Paribas Financial Markets now owns 100,000 shares of the company’s stock worth $14,817,000 after buying an additional 49,643 shares during the last quarter. Finally, Adirondack Capital Advisors LLC purchased a new position in iShares U.S. Industrials ETF during the 4th quarter worth $2,790,000.

iShares U.S. Industrials ETF Trading Down 0.9%

BATS:IYJ opened at $157.19 on Friday. The company has a market capitalization of $1.81 billion, a P/E ratio of 25.86 and a beta of 1.10. iShares U.S. Industrials ETF has a 12 month low of $136.21 and a 12 month high of $163.45. The firm has a fifty day simple moving average of $155.17 and a 200-day simple moving average of $153.22.

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.