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

PNC Financial Services Group Inc. cut its holdings in iShares U.S. Industrials ETF (BATS:IYJ) by 1.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). 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 SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Tritonpoint Wealth LLC grew its holdings in iShares U.S. Industrials ETF by 0.9% during the 1st quarter. Tritonpoint Wealth LLC now owns 9,495 shares of the company’s stock worth $1,236,000 after acquiring an additional 86 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in iShares U.S. Industrials ETF by 3.4% during the 4th quarter. Benjamin Edwards Inc. now owns 3,166 shares of the company’s stock worth $423,000 after acquiring an additional 103 shares in the last quarter. NewEdge Advisors LLC grew its holdings in iShares U.S. Industrials ETF by 1.7% during the 4th quarter. NewEdge Advisors LLC now owns 7,135 shares of the company’s stock worth $953,000 after acquiring an additional 119 shares in the last quarter. IFP Advisors Inc grew its holdings in iShares U.S. Industrials ETF by 124.3% during the 1st quarter. IFP Advisors Inc now owns 240 shares of the company’s stock worth $31,000 after acquiring an additional 133 shares in the last quarter. Finally, Harbour Investments Inc. grew its holdings in iShares U.S. Industrials ETF by 21.0% during the 1st quarter. Harbour Investments Inc. now owns 813 shares of the company’s stock worth $106,000 after acquiring an additional 141 shares in the last quarter.

iShares U.S. Industrials ETF Stock Performance

IYJ stock opened at $142.34 on Tuesday. The firm has a market cap of $1.64 billion, a price-to-earnings ratio of 25.86 and a beta of 1.10. The firm has a 50-day simple moving average of $142.56 and a two-hundred day simple moving average of $136.17. iShares U.S. Industrials ETF has a one year low of $111.51 and a one year high of $147.27.

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.