iShares Dow Jones U.S. ETF $IYY Shares Sold by Mutual Advisors LLC

Mutual Advisors LLC lowered its stake in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 16.0% in the second quarter, HoldingsChannel reports. The fund owned 5,828 shares of the company’s stock after selling 1,110 shares during the quarter. Mutual Advisors LLC’s holdings in iShares Dow Jones U.S. ETF were worth $906,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Westside Investment Management Inc. increased its stake in shares of iShares Dow Jones U.S. ETF by 3.6% during the 1st quarter. Westside Investment Management Inc. now owns 2,895 shares of the company’s stock valued at $394,000 after acquiring an additional 100 shares during the last quarter. Allworth Financial LP increased its stake in shares of iShares Dow Jones U.S. ETF by 24.8% during the 1st quarter. Allworth Financial LP now owns 538 shares of the company’s stock valued at $72,000 after acquiring an additional 107 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in shares of iShares Dow Jones U.S. ETF by 7.7% during the 1st quarter. Avantax Advisory Services Inc. now owns 1,713 shares of the company’s stock valued at $233,000 after acquiring an additional 122 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of iShares Dow Jones U.S. ETF by 4.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 4,558 shares of the company’s stock valued at $620,000 after acquiring an additional 199 shares during the last quarter. Finally, SouthState Corp acquired a new position in shares of iShares Dow Jones U.S. ETF during the 1st quarter valued at about $30,000.

iShares Dow Jones U.S. ETF Price Performance

NYSEARCA IYY opened at $161.99 on Friday. iShares Dow Jones U.S. ETF has a 12 month low of $116.99 and a 12 month high of $164.27. The company has a 50-day moving average of $159.78 and a 200-day moving average of $149.06. The company has a market cap of $2.66 billion, a P/E ratio of 25.52 and a beta of 1.02.

iShares Dow Jones U.S. ETF Company 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.