Bailard Inc. Reduces Position in iShares U.S. Industrials ETF (BATS:IYJ)

Bailard Inc. trimmed its position in iShares U.S. Industrials ETF (BATS:IYJ) by 8.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,352 shares of the company’s stock after selling 424 shares during the quarter. Bailard Inc.’s holdings in iShares U.S. Industrials ETF were worth $498,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Anchor Investment Management LLC bought a new stake in iShares U.S. Industrials ETF in the 4th quarter worth $31,000. Baystate Wealth Management LLC increased its holdings in iShares U.S. Industrials ETF by 143.1% during the 4th quarter. Baystate Wealth Management LLC now owns 282 shares of the company’s stock valued at $32,000 after purchasing an additional 166 shares during the period. Family Asset Management LLC raised its position in iShares U.S. Industrials ETF by 141.6% during the 3rd quarter. Family Asset Management LLC now owns 430 shares of the company’s stock valued at $43,000 after purchasing an additional 252 shares during the last quarter. Global Retirement Partners LLC lifted 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 buying an additional 522 shares during the period. Finally, Harbor Investment Advisory LLC grew its position in shares of 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 worth $112,000 after buying an additional 125 shares during the last quarter.

iShares U.S. Industrials ETF Stock Performance

IYJ opened at $121.56 on Friday. The stock’s 50 day moving average price is $122.23 and its 200-day moving average price is $113.48. iShares U.S. Industrials ETF has a 52-week low of $123.05 and a 52-week high of $158.32. The stock has a market capitalization of $1.59 billion, a PE ratio of 26.36 and a beta of 0.96.

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.