iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Stock Price Down 0.5% – Here’s What Happened

iShares Dow Jones U.S. ETF (NYSEARCA:IYYGet Free Report)’s stock price were down 0.5% on Monday . The stock traded as low as $181.18 and last traded at $181.31. Approximately 23,338 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 29,062 shares. The stock had previously closed at $182.22.

iShares Dow Jones U.S. ETF Trading Down 0.5%

The business’s fifty day moving average price is $178.04 and its 200-day moving average price is $169.87. The company has a market capitalization of $2.96 billion, a P/E ratio of 25.52 and a beta of 1.01.

Hedge Funds Weigh In On iShares Dow Jones U.S. ETF

Large investors have recently modified their holdings of the company. Aptus Capital Advisors LLC purchased a new stake in iShares Dow Jones U.S. ETF in the fourth quarter worth approximately $27,000. Franklin Resources Inc. purchased a new position in shares of iShares Dow Jones U.S. ETF during the third quarter worth approximately $32,000. Arax Advisory Partners purchased a new position in shares of iShares Dow Jones U.S. ETF during the fourth quarter worth approximately $47,000. AlphaCore Capital LLC purchased a new position in shares of iShares Dow Jones U.S. ETF during the fourth quarter worth approximately $50,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares Dow Jones U.S. ETF in the 4th quarter worth approximately $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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