Planning Directions Inc. Sells 278 Shares of iShares U.S. Industrials ETF (BATS:IYJ)

Planning Directions Inc. trimmed its position in iShares U.S. Industrials ETF (BATS:IYJ) by 2.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 10,512 shares of the company’s stock after selling 278 shares during the quarter. iShares U.S. Industrials ETF makes up 0.9% of Planning Directions Inc.’s portfolio, making the stock its 25th biggest position. Planning Directions Inc.’s holdings in iShares U.S. Industrials ETF were worth $1,202,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Apollon Wealth Management LLC grew its stake in shares of iShares U.S. Industrials ETF by 3.3% during the fourth quarter. Apollon Wealth Management LLC now owns 3,485 shares of the company’s stock worth $336,000 after buying an additional 110 shares during the last quarter. Shulman DeMeo Asset Management LLC raised its holdings in shares of iShares U.S. Industrials ETF by 0.6% during the fourth quarter. Shulman DeMeo Asset Management LLC now owns 19,310 shares of the company’s stock valued at $2,208,000 after purchasing an additional 116 shares during the period. One Charles Private Wealth Services LLC raised its holdings in shares of iShares U.S. Industrials ETF by 4.1% during the third quarter. One Charles Private Wealth Services LLC now owns 3,053 shares of the company’s stock valued at $308,000 after purchasing an additional 119 shares during the period. Harbor Investment Advisory LLC raised its holdings in shares of iShares U.S. Industrials ETF by 14.7% during the fourth quarter. Harbor Investment Advisory LLC now owns 975 shares of the company’s stock valued at $112,000 after purchasing an additional 125 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Industrials ETF by 11.2% during the first quarter. JPMorgan Chase & Co. now owns 1,252 shares of the company’s stock valued at $125,000 after purchasing an additional 126 shares during the period.

iShares U.S. Industrials ETF Price Performance

Shares of BATS:IYJ traded up $0.11 during midday trading on Friday, hitting $119.41. 39,879 shares of the company’s stock were exchanged. The stock has a 50 day moving average price of $121.90 and a 200-day moving average price of $112.67. The company has a market cap of $1.52 billion, a PE ratio of 27.06 and a beta of 0.97. iShares U.S. Industrials ETF has a 12 month low of $123.05 and a 12 month 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.