Muirfield Wealth Advisors LLC Reduces Stock Position in iShares U.S. Industrials ETF (BATS:IYJ)

Muirfield Wealth Advisors LLC trimmed its holdings in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 6.8% in the third quarter, Holdings Channel reports. The institutional investor owned 7,112 shares of the company’s stock after selling 517 shares during the period. Muirfield Wealth Advisors LLC’s holdings in iShares U.S. Industrials ETF were worth $951,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Mather Group LLC. lifted its holdings in shares of iShares U.S. Industrials ETF by 116.7% in the 2nd quarter. Mather Group LLC. now owns 208 shares of the company’s stock valued at $26,000 after purchasing an additional 112 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in shares of iShares U.S. Industrials ETF during the second quarter worth approximately $30,000. Fortis Group Advisors LLC boosted its stake in iShares U.S. Industrials ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 320 shares of the company’s stock worth $37,000 after purchasing an additional 160 shares during the period. Family Asset Management LLC boosted its stake in shares of iShares U.S. Industrials ETF by 171.9% during the second quarter. Family Asset Management LLC now owns 533 shares of the company’s stock worth $64,000 after buying an additional 337 shares during the period. Finally, Denver PWM LLC acquired a new position in iShares U.S. Industrials ETF in the 2nd quarter valued at about $80,000.

iShares U.S. Industrials ETF Price Performance

Shares of IYJ stock traded up $1.65 during midday trading on Monday, hitting $135.66. The company had a trading volume of 17,754 shares. The stock has a market cap of $1.78 billion, a price-to-earnings ratio of 27.09 and a beta of 0.95. The company’s 50 day simple moving average is $128.77 and its 200 day simple moving average is $124.46. iShares U.S. Industrials ETF has a 52-week low of $123.05 and a 52-week high of $158.32.

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.