Wedbush Securities Inc. purchased a new position in iShares Dow Jones U.S. ETF (NYSEARCA:IYY – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,219 shares of the company’s stock, valued at approximately $597,000.
Other hedge funds also recently modified their holdings of the company. Financial Life Planners bought a new position in shares of iShares Dow Jones U.S. ETF during the 1st quarter valued at about $81,000. Bangor Savings Bank acquired a new position in shares of iShares Dow Jones U.S. ETF in the 3rd quarter valued at approximately $88,000. Continuum Advisory LLC bought a new stake in iShares Dow Jones U.S. ETF during the 2nd quarter worth approximately $91,000. IFP Advisors Inc increased its stake in iShares Dow Jones U.S. ETF by 29.3% during the 2nd quarter. IFP Advisors Inc now owns 1,385 shares of the company’s stock worth $252,000 after purchasing an additional 314 shares in the last quarter. Finally, Fagan Associates Inc. bought a new stake in iShares Dow Jones U.S. ETF during the 3rd quarter worth approximately $260,000.
iShares Dow Jones U.S. ETF Stock Performance
Shares of IYY stock opened at $187.03 on Wednesday. The company has a market capitalization of $3.01 billion, a P/E ratio of 25.52 and a beta of 1.01. The company’s 50 day moving average price is $186.71 and its two-hundred day moving average price is $177.05. iShares Dow Jones U.S. ETF has a 52 week low of $153.32 and a 52 week high of $190.10.
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.
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