Kingswood Wealth Advisors LLC Cuts Position in iShares U.S. Industrials ETF (BATS:IYJ)

Kingswood Wealth Advisors LLC cut its position in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 84.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,072 shares of the company’s stock after selling 22,593 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares U.S. Industrials ETF were worth $544,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its stake in iShares U.S. Industrials ETF by 8.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,265 shares of the company’s stock valued at $629,000 after purchasing an additional 400 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in iShares U.S. Industrials ETF during the second quarter worth about $201,000. Truist Financial Corp boosted its stake in iShares U.S. Industrials ETF by 35.1% in the 2nd quarter. Truist Financial Corp now owns 6,834 shares of the company’s stock worth $816,000 after buying an additional 1,776 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in iShares U.S. Industrials ETF in the second quarter valued at approximately $1,450,000. Finally, Modus Advisors LLC increased its position in iShares U.S. Industrials ETF by 0.4% during the third quarter. Modus Advisors LLC now owns 44,416 shares of the company’s stock worth $5,937,000 after purchasing an additional 156 shares during the last quarter.

iShares U.S. Industrials ETF Trading Up 3.7 %

Shares of iShares U.S. Industrials ETF stock opened at $139.69 on Thursday. The stock has a market capitalization of $1.84 billion, a P/E ratio of 27.09 and a beta of 0.95. The business’s fifty day moving average price is $138.11 and its 200 day moving average price is $133.21. iShares U.S. Industrials ETF has a twelve month low of $123.05 and a twelve month high of $158.32.

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.