NTV Asset Management LLC Trims Stake in iShares U.S. Industrials ETF (BATS:IYJ)

NTV Asset Management LLC reduced its holdings in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 8.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,562 shares of the company’s stock after selling 533 shares during the period. NTV Asset Management LLC’s holdings in iShares U.S. Industrials ETF were worth $636,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its position in shares of iShares U.S. Industrials ETF by 1.5% during the 3rd quarter. LPL Financial LLC now owns 261,482 shares of the company’s stock valued at $26,381,000 after purchasing an additional 3,828 shares during the period. PGIM Custom Harvest LLC raised its position in shares of iShares U.S. Industrials ETF by 66.0% during the 3rd quarter. PGIM Custom Harvest LLC now owns 83,564 shares of the company’s stock valued at $8,431,000 after purchasing an additional 33,233 shares during the period. Janney Montgomery Scott LLC raised its position in shares of iShares U.S. Industrials ETF by 7.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 51,470 shares of the company’s stock valued at $5,193,000 after purchasing an additional 3,404 shares during the period. Modus Advisors LLC raised its position in shares of iShares U.S. Industrials ETF by 1.0% during the 4th quarter. Modus Advisors LLC now owns 43,915 shares of the company’s stock valued at $5,022,000 after purchasing an additional 419 shares during the period. Finally, Pinkerton Retirement Specialists LLC bought a new stake in shares of iShares U.S. Industrials ETF during the 4th quarter valued at $4,858,000.

iShares U.S. Industrials ETF Price Performance

Shares of IYJ stock traded up $0.77 on Friday, hitting $121.18. 15,235 shares of the stock traded hands. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 26.36 and a beta of 0.96. iShares U.S. Industrials ETF has a 52 week low of $123.05 and a 52 week high of $158.32. The firm has a 50 day simple moving average of $122.42 and a two-hundred day simple moving average of $114.23.

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.