PNC Financial Services Group Inc. Sells 108 Shares of iShares U.S. Industrials ETF (BATS:IYJ)

PNC Financial Services Group Inc. cut its stake in iShares U.S. Industrials ETF (BATS:IYJ) by 1.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,659 shares of the company’s stock after selling 108 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares U.S. Industrials ETF were worth $737,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in IYJ. Sequoia Financial Advisors LLC purchased a new position in shares of iShares U.S. Industrials ETF in the first quarter worth approximately $227,000. Brown Advisory Inc. purchased a new position in iShares U.S. Industrials ETF during the first quarter valued at approximately $951,000. Envestnet Asset Management Inc. lifted its holdings in iShares U.S. Industrials ETF by 125.1% during the first quarter. Envestnet Asset Management Inc. now owns 24,443 shares of the company’s stock valued at $3,182,000 after purchasing an additional 13,582 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in iShares U.S. Industrials ETF by 1.2% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 39,877 shares of the company’s stock valued at $5,191,000 after purchasing an additional 455 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of iShares U.S. Industrials ETF in the fourth quarter worth $216,000.

iShares U.S. Industrials ETF Stock Performance

IYJ stock opened at $142.34 on Tuesday. iShares U.S. Industrials ETF has a one year low of $111.51 and a one year high of $147.27. The company’s fifty day moving average price is $142.56 and its 200-day moving average price is $136.17. The company has a market capitalization of $1.64 billion, a PE ratio of 25.86 and a beta of 1.10.

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.