Ellis Investment Partners LLC Has $2.12 Million Position in iShares Dow Jones U.S. ETF $IYY

Ellis Investment Partners LLC increased its position in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 18.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,016 shares of the company’s stock after purchasing an additional 2,225 shares during the period. Ellis Investment Partners LLC owned approximately 0.09% of iShares Dow Jones U.S. ETF worth $2,115,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in IYY. Summit Financial Consulting LLC acquired a new stake in iShares Dow Jones U.S. ETF during the 2nd quarter worth approximately $2,464,000. Kovitz Investment Group Partners LLC acquired a new stake in iShares Dow Jones U.S. ETF during the 1st quarter worth approximately $2,014,000. Goldman Sachs Group Inc. lifted 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 worth $3,357,000 after purchasing an additional 11,474 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in iShares Dow Jones U.S. ETF by 13.5% during the 1st quarter. Raymond James Financial Inc. now owns 87,051 shares of the company’s stock worth $11,848,000 after purchasing an additional 10,324 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in iShares Dow Jones U.S. ETF by 13,510.6% during the 1st quarter. GAMMA Investing LLC now owns 8,983 shares of the company’s stock worth $1,223,000 after purchasing an additional 8,917 shares during the last quarter.

iShares Dow Jones U.S. ETF Price Performance

Shares of NYSEARCA IYY opened at $159.30 on Monday. The stock has a market capitalization of $2.61 billion, a PE ratio of 25.52 and a beta of 1.02. The business has a fifty day moving average price of $159.03 and a two-hundred day moving average price of $148.27. iShares Dow Jones U.S. ETF has a fifty-two week low of $116.99 and a fifty-two week high of $164.27.

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.