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

Royal Fund Management LLC lessened its stake in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 81.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 16,391 shares of the company’s stock after selling 71,868 shares during the period. Royal Fund Management LLC’s holdings in iShares U.S. Industrials ETF were worth $1,880,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Anchor Investment Management LLC bought a new stake in iShares U.S. Industrials ETF during the 4th quarter valued at about $31,000. Baystate Wealth Management LLC increased its position in shares of iShares U.S. Industrials ETF by 143.1% during the fourth quarter. Baystate Wealth Management LLC now owns 282 shares of the company’s stock valued at $32,000 after acquiring an additional 166 shares in the last quarter. Family Asset Management LLC raised its holdings in iShares U.S. Industrials ETF by 141.6% in the 3rd quarter. Family Asset Management LLC now owns 430 shares of the company’s stock worth $43,000 after acquiring an additional 252 shares during the last quarter. Global Retirement Partners LLC raised its holdings in iShares U.S. Industrials ETF by 245.1% in the 4th quarter. Global Retirement Partners LLC now owns 735 shares of the company’s stock worth $82,000 after acquiring an additional 522 shares during the last quarter. Finally, Harbor Investment Advisory LLC lifted its position in iShares U.S. Industrials ETF by 14.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 975 shares of the company’s stock valued at $112,000 after acquiring an additional 125 shares in the last quarter.

iShares U.S. Industrials ETF Trading Up 0.6 %

IYJ traded up $0.77 during trading on Friday, hitting $121.18. 15,235 shares of the company’s stock traded hands. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 26.36 and a beta of 0.96. The company’s 50 day simple moving average is $122.42 and its two-hundred day simple moving average is $114.05. iShares U.S. Industrials ETF has a 12-month low of $123.05 and a 12-month high of $158.32.

iShares U.S. Industrials ETF Company 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.