Legacy Capital Group California Inc. bought a new stake in iShares Dow Jones U.S. ETF (NYSEARCA:IYY – Free Report) in the fourth quarter, HoldingsChannel reports. The fund bought 6,327 shares of the company’s stock, valued at approximately $1,049,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Franklin Resources Inc. acquired a new stake in shares of iShares Dow Jones U.S. ETF in the third quarter valued at about $32,000. Financial Life Planners bought a new position in iShares Dow Jones U.S. ETF in the third quarter valued at approximately $80,000. Triumph Capital Management acquired a new position in shares of iShares Dow Jones U.S. ETF during the 3rd quarter worth approximately $93,000. Assetmark Inc. raised its stake in shares of iShares Dow Jones U.S. ETF by 137.1% during the 3rd quarter. Assetmark Inc. now owns 780 shares of the company’s stock worth $127,000 after purchasing an additional 451 shares in the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of iShares Dow Jones U.S. ETF in the 4th quarter valued at approximately $177,000.
iShares Dow Jones U.S. ETF Trading Up 1.0%
NYSEARCA:IYY opened at $173.20 on Thursday. The stock has a market capitalization of $2.83 billion, a PE ratio of 25.52 and a beta of 1.01. iShares Dow Jones U.S. ETF has a 1-year low of $130.10 and a 1-year high of $173.46. The firm has a fifty day simple moving average of $164.36 and a 200 day simple moving average of $165.26.
About iShares Dow Jones U.S. ETF
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.
Featured Stories
Want to see what other hedge funds are holding IYY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Dow Jones U.S. ETF (NYSEARCA:IYY – Free Report).
Receive News & Ratings for iShares Dow Jones U.S. ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Dow Jones U.S. ETF and related companies with MarketBeat.com's FREE daily email newsletter.
