Raymond James & Associates Has $4.88 Million Position in iShares U.S. Industrials ETF (BATS:IYJ)

Raymond James & Associates reduced its stake in iShares U.S. Industrials ETF (BATS:IYJ) by 4.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,530 shares of the company’s stock after selling 1,819 shares during the period. Raymond James & Associates owned about 0.28% of iShares U.S. Industrials ETF worth $4,883,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Ashton Thomas Private Wealth LLC acquired a new position in iShares U.S. Industrials ETF in the second quarter valued at approximately $30,000. Osaic Holdings Inc. grew its holdings 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 valued at $9,320,000 after acquiring an additional 34,944 shares in the last quarter. Blair William & Co. IL lifted its holdings in iShares U.S. Industrials ETF by 4.5% during the first quarter. Blair William & Co. IL now owns 3,829 shares of the company’s stock worth $481,000 after acquiring an additional 165 shares during the period. Arkadios Wealth Advisors purchased a new position in shares of iShares U.S. Industrials ETF in the 2nd quarter worth about $376,000. Finally, LPL Financial LLC increased its holdings in iShares U.S. Industrials ETF by 25.5% during the second quarter. LPL Financial LLC now owns 314,270 shares of the company’s stock worth $37,536,000 after buying an additional 63,950 shares during the last quarter.

iShares U.S. Industrials ETF Price Performance

BATS:IYJ opened at $133.51 on Friday. iShares U.S. Industrials ETF has a 1 year low of $123.05 and a 1 year 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. The business has a fifty day simple moving average of $132.26 and a two-hundred day simple moving average of $125.66.

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.