Ibex Wealth Advisors Buys Shares of 6,624 iShares Dow Jones U.S. ETF $IYY

Ibex Wealth Advisors bought a new stake in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,624 shares of the company’s stock, valued at approximately $1,050,000.

A number of other large investors also recently added to or reduced their stakes in IYY. NewEdge Advisors LLC raised its holdings in shares of iShares Dow Jones U.S. ETF by 40.2% in the 1st quarter. NewEdge Advisors LLC now owns 5,680 shares of the company’s stock valued at $773,000 after buying an additional 1,629 shares during the period. Goldman Sachs Group Inc. boosted its holdings in iShares Dow Jones U.S. ETF by 87.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 24,668 shares of the company’s stock valued at $3,357,000 after acquiring an additional 11,474 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares Dow Jones U.S. ETF by 13.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,393 shares of the company’s stock valued at $965,000 after acquiring an additional 745 shares during the period. Baird Financial Group Inc. grew its position in iShares Dow Jones U.S. ETF by 14.8% in the 2nd quarter. Baird Financial Group Inc. now owns 4,201 shares of the company’s stock valued at $634,000 after acquiring an additional 543 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in iShares Dow Jones U.S. ETF by 15.9% in the 2nd quarter. Raymond James Financial Inc. now owns 100,896 shares of the company’s stock valued at $15,223,000 after acquiring an additional 13,845 shares in the last quarter.

iShares Dow Jones U.S. ETF Price Performance

Shares of NYSEARCA:IYY opened at $183.17 on Friday. The firm has a market capitalization of $2.99 billion, a PE ratio of 25.52 and a beta of 1.01. The firm’s 50-day moving average is $180.59 and its two-hundred day moving average is $171.25. iShares Dow Jones U.S. ETF has a 1 year low of $150.90 and a 1 year high of $184.94.

iShares Dow Jones U.S. ETF Profile

iShares Dow Jones US ETF, formerly iShares Dow Jones U.S. Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Index (the Index). The Index measures the performance of the broad United States equity market, and is consisted of all of the companies in the Dow Jones Large-Cap Index, Dow Jones Mid-Cap Index and Dow Jones Small-Cap Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.