Inspirion Wealth Advisors LLC Decreases Holdings in iShares U.S. Industrials ETF (BATS:IYJ)

Inspirion Wealth Advisors LLC decreased its stake in iShares U.S. Industrials ETF (BATS:IYJ) by 4.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,624 shares of the company’s stock after selling 120 shares during the period. Inspirion Wealth Advisors LLC’s holdings in iShares U.S. Industrials ETF were worth $351,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC grew its stake in shares of iShares U.S. Industrials ETF by 25.5% during the 2nd quarter. LPL Financial LLC now owns 314,270 shares of the company’s stock worth $37,536,000 after acquiring an additional 63,950 shares during the period. Norden Group LLC bought a new position in iShares U.S. Industrials ETF during the first quarter worth about $6,564,000. Osaic Holdings Inc. increased its stake in shares of iShares U.S. Industrials ETF by 88.8% in the first quarter. Osaic Holdings Inc. now owns 74,283 shares of the company’s stock worth $9,320,000 after purchasing an additional 34,944 shares in the last quarter. Sharp Financial Services LLC bought a new stake in shares of iShares U.S. Industrials ETF in the second quarter valued at approximately $4,097,000. Finally, Cadent Capital Advisors LLC purchased a new stake in shares of iShares U.S. Industrials ETF during the 1st quarter valued at approximately $4,218,000.

iShares U.S. Industrials ETF Stock Performance

iShares U.S. Industrials ETF stock traded up $0.89 during mid-day trading on Friday, reaching $133.86. The company’s stock had a trading volume of 33,687 shares. The firm’s fifty day moving average price is $127.85 and its two-hundred day moving average price is $124.13. iShares U.S. Industrials ETF has a 12-month low of $123.05 and a 12-month high of $158.32. The company has a market capitalization of $1.76 billion, a P/E ratio of 27.09 and a beta of 0.95.

About iShares U.S. Industrials ETF

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.