Merkkuri Wealth Advisors LLC Sells 464 Shares of iShares U.S. Industrials ETF (BATS:IYJ)

Merkkuri Wealth Advisors LLC decreased its holdings in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 3.7% in the 1st quarter, Holdings Channel.com reports. The firm owned 12,118 shares of the company’s stock after selling 464 shares during the quarter. iShares U.S. Industrials ETF makes up about 1.4% of Merkkuri Wealth Advisors LLC’s portfolio, making the stock its 24th largest position. Merkkuri Wealth Advisors LLC’s holdings in iShares U.S. Industrials ETF were worth $1,578,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in iShares U.S. Industrials ETF by 0.5% in the 4th quarter. Bank of America Corp DE now owns 699,681 shares of the company’s stock valued at $93,421,000 after acquiring an additional 3,675 shares in the last quarter. Wells Fargo & Company MN raised its holdings in iShares U.S. Industrials ETF by 2.0% in the 4th quarter. Wells Fargo & Company MN now owns 453,752 shares of the company’s stock valued at $60,585,000 after acquiring an additional 8,838 shares in the last quarter. MML Investors Services LLC raised its holdings in iShares U.S. Industrials ETF by 5.8% in the 4th quarter. MML Investors Services LLC now owns 189,064 shares of the company’s stock valued at $25,244,000 after acquiring an additional 10,289 shares in the last quarter. Raymond James Financial Inc. acquired a new position in iShares U.S. Industrials ETF in the 4th quarter valued at approximately $18,395,000. Finally, Kozak & Associates Inc. raised its holdings in iShares U.S. Industrials ETF by 6.7% in the 1st quarter. Kozak & Associates Inc. now owns 108,834 shares of the company’s stock valued at $13,574,000 after acquiring an additional 6,820 shares in the last quarter.

iShares U.S. Industrials ETF Stock Up 1.4%

iShares U.S. Industrials ETF stock opened at $136.64 on Friday. The business has a 50 day moving average price of $134.20 and a two-hundred day moving average price of $134.42. The stock has a market cap of $1.55 billion, a price-to-earnings ratio of 26.96 and a beta of 1.10. iShares U.S. Industrials ETF has a 12 month low of $111.51 and a 12 month high of $144.20.

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.