iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Reaches New 52-Week High – Should You Buy?

Shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYYGet Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $179.95 and last traded at $179.58, with a volume of 11204 shares. The stock had previously closed at $179.20.

iShares Dow Jones U.S. ETF Price Performance

The company has a 50 day moving average price of $166.81 and a two-hundred day moving average price of $166.53. The stock has a market cap of $2.95 billion, a PE ratio of 25.52 and a beta of 1.01.

Institutional Trading of iShares Dow Jones U.S. ETF

Large investors have recently modified their holdings of the company. Aptus Capital Advisors LLC bought a new stake in shares of iShares Dow Jones U.S. ETF in the fourth quarter worth $27,000. Franklin Resources Inc. bought a new stake in iShares Dow Jones U.S. ETF during the third quarter valued at about $32,000. Arax Advisory Partners bought a new stake in iShares Dow Jones U.S. ETF during the fourth quarter valued at about $47,000. AlphaCore Capital LLC bought a new stake in iShares Dow Jones U.S. ETF during the fourth quarter valued at about $50,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in iShares Dow Jones U.S. ETF during the fourth quarter valued at about $52,000.

About iShares Dow Jones U.S. ETF

(Get Free Report)

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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