Ferguson Wellman Capital Management Inc. Sells 145,400 Shares of iShares U.S. Industrials ETF $IYJ

Ferguson Wellman Capital Management Inc. lessened its holdings in shares of iShares U.S. Industrials ETF (BATS:IYJ) by 69.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,985 shares of the company’s stock after selling 145,400 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in iShares U.S. Industrials ETF were worth $9,588,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Fifth Third Bancorp purchased a new position in shares of iShares U.S. Industrials ETF during the first quarter worth about $1,071,000. Sequoia Financial Advisors LLC raised its stake in iShares U.S. Industrials ETF by 21.2% in the first quarter. Sequoia Financial Advisors LLC now owns 3,988 shares of the company’s stock valued at $588,000 after purchasing an additional 697 shares in the last quarter. WealthCare Asset Management LLC bought a new stake in iShares U.S. Industrials ETF during the first quarter valued at approximately $372,000. Kiley Juergens Wealth Management LLC purchased a new position in iShares U.S. Industrials ETF in the 1st quarter worth approximately $352,000. Finally, Stephens Inc. AR grew its stake in iShares U.S. Industrials ETF by 2.1% in the 1st quarter. Stephens Inc. AR now owns 5,537 shares of the company’s stock worth $817,000 after buying an additional 114 shares in the last quarter.

iShares U.S. Industrials ETF Trading Up 0.5%

Shares of iShares U.S. Industrials ETF stock traded up $0.85 on Friday, hitting $163.68. 30,328 shares of the company traded hands, compared to its average volume of 139,566. iShares U.S. Industrials ETF has a 12-month low of $138.90 and a 12-month high of $167.86. The company has a market cap of $1.88 billion, a P/E ratio of 25.86 and a beta of 1.10. The firm’s 50-day simple moving average is $159.64 and its 200 day simple moving average is $156.21.

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.