Navellier & Associates Inc. Sells 2,063 Shares of iShares U.S. Industrials ETF (BATS:IYJ)

Navellier & Associates Inc. trimmed its holdings in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 20.1% during the third quarter, Holdings Channel.com reports. The fund owned 8,196 shares of the company’s stock after selling 2,063 shares during the quarter. Navellier & Associates Inc.’s holdings in iShares U.S. Industrials ETF were worth $1,096,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Prospera Financial Services Inc increased its position in shares of iShares U.S. Industrials ETF by 6.4% in the third quarter. Prospera Financial Services Inc now owns 151,549 shares of the company’s stock worth $20,258,000 after purchasing an additional 9,162 shares during the period. Thrivent Financial for Lutherans bought a new stake in shares of iShares U.S. Industrials ETF during the 3rd quarter worth approximately $201,000. OneDigital Investment Advisors LLC increased its stake in iShares U.S. Industrials ETF by 324.9% in the third quarter. OneDigital Investment Advisors LLC now owns 8,013 shares of the company’s stock valued at $1,071,000 after acquiring an additional 6,127 shares during the last quarter. Empower Advisory Group LLC acquired a new position in iShares U.S. Industrials ETF during the third quarter valued at approximately $225,000. Finally, GSA Capital Partners LLP lifted its stake in iShares U.S. Industrials ETF by 25.2% during the third quarter. GSA Capital Partners LLP now owns 2,645 shares of the company’s stock worth $354,000 after purchasing an additional 533 shares during the last quarter.

iShares U.S. Industrials ETF Stock Up 1.4 %

Shares of IYJ stock opened at $140.87 on Friday. iShares U.S. Industrials ETF has a twelve month low of $123.05 and a twelve month high of $158.32. The business has a fifty day simple moving average of $135.54 and a 200 day simple moving average of $127.51. The company has a market cap of $1.85 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.