iShares U.S. Industrials ETF $IYJ Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. decreased its stake in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 15.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,776 shares of the company’s stock after selling 883 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares U.S. Industrials ETF were worth $680,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Ramirez Asset Management Inc. acquired a new stake in shares of iShares U.S. Industrials ETF in the 1st quarter worth approximately $26,000. Harbor Asset Planning Inc. acquired a new position in shares of iShares U.S. Industrials ETF during the second quarter valued at approximately $31,000. Bessemer Group Inc. bought a new stake in iShares U.S. Industrials ETF during the second quarter worth approximately $31,000. IFP Advisors Inc lifted its position in iShares U.S. Industrials ETF by 124.3% in the first quarter. IFP Advisors Inc now owns 240 shares of the company’s stock worth $31,000 after purchasing an additional 133 shares during the period. Finally, NorthRock Partners LLC lifted its position in iShares U.S. Industrials ETF by 1,703.7% in the first quarter. NorthRock Partners LLC now owns 487 shares of the company’s stock worth $63,000 after purchasing an additional 460 shares during the period.

iShares U.S. Industrials ETF Stock Performance

Shares of IYJ stock opened at $141.39 on Friday. iShares U.S. Industrials ETF has a 1 year low of $111.51 and a 1 year high of $147.27. The stock has a market cap of $1.63 billion, a PE ratio of 25.86 and a beta of 1.10. The business’s fifty day moving average is $145.14 and its 200-day moving average is $143.22.

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.