Stillwater Capital Advisors LLC lowered its position in iShares U.S. Industrials ETF (BATS:IYJ) by 30.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 20,417 shares of the company’s stock after selling 8,921 shares during the quarter. Stillwater Capital Advisors LLC’s holdings in iShares U.S. Industrials ETF were worth $3,231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. Meridian Wealth Management LLC bought a new stake in shares of iShares U.S. Industrials ETF in the first quarter worth $27,000. James Investment Research Inc. bought a new stake in shares of iShares U.S. Industrials ETF in the second quarter worth $47,000. LFA Lugano Financial Advisors SA grew its holdings in shares of iShares U.S. Industrials ETF by 105.6% in the first quarter. LFA Lugano Financial Advisors SA now owns 370 shares of the company’s stock worth $56,000 after acquiring an additional 190 shares during the period. AlphaMark Advisors LLC grew its holdings in shares of iShares U.S. Industrials ETF by 39.4% in the first quarter. AlphaMark Advisors LLC now owns 460 shares of the company’s stock worth $70,000 after acquiring an additional 130 shares during the period. Finally, Westside Investment Management Inc. bought a new stake in shares of iShares U.S. Industrials ETF in the second quarter worth $115,000.
Shares of IYJ traded down $4.23 during trading hours on Monday, hitting $151.46. The stock had a trading volume of 115,811 shares. iShares U.S. Industrials ETF has a 12 month low of $123.05 and a 12 month high of $158.32. The firm has a fifty day moving average price of $158.56.
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.
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