iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Short Interest Update

iShares Dow Jones U.S. ETF (NYSEARCA:IYY) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 8,222 shares, a growth of 214.1% from the April 30th total of 2,618 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 18,759 shares, the days-to-cover ratio is presently 0.4 days.

iShares Dow Jones U.S. ETF Trading Up 0.2%

Shares of NYSEARCA:IYY opened at $183.80 on Friday. iShares Dow Jones U.S. ETF has a 12 month low of $142.35 and a 12 month high of $184.17. The company has a 50-day moving average price of $170.97 and a 200 day moving average price of $167.82. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 25.52 and a beta of 1.01.

Institutional Trading of iShares Dow Jones U.S. ETF

A number of institutional investors have recently bought and sold shares of IYY. NewEdge Advisors LLC lifted its position in iShares Dow Jones U.S. ETF by 40.2% in the first quarter. NewEdge Advisors LLC now owns 5,680 shares of the company’s stock worth $773,000 after buying an additional 1,629 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in iShares Dow Jones U.S. ETF by 87.0% in the first quarter. Goldman Sachs Group Inc. now owns 24,668 shares of the company’s stock worth $3,357,000 after buying an additional 11,474 shares during the last quarter. JPMorgan Chase & Co. lifted its position in iShares Dow Jones U.S. ETF by 13.2% in the second quarter. JPMorgan Chase & Co. now owns 6,393 shares of the company’s stock worth $965,000 after buying an additional 745 shares during the last quarter. Baird Financial Group Inc. lifted its position in iShares Dow Jones U.S. ETF by 14.8% in the second quarter. Baird Financial Group Inc. now owns 4,201 shares of the company’s stock worth $634,000 after buying an additional 543 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in iShares Dow Jones U.S. ETF by 15.9% in the second quarter. Raymond James Financial Inc. now owns 100,896 shares of the company’s stock worth $15,223,000 after purchasing an additional 13,845 shares during the last quarter.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.