2,216 Shares in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Acquired by SP Asset Management LLC

SP Asset Management LLC acquired a new position in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,216 shares of the company’s stock, valued at approximately $293,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IYY. First Heartland Consultants Inc. lifted its stake in shares of iShares Dow Jones U.S. ETF by 11.7% in the 4th quarter. First Heartland Consultants Inc. now owns 25,941 shares of the company’s stock valued at $3,023,000 after purchasing an additional 2,721 shares during the last quarter. Beacon Pointe Advisors LLC purchased a new position in iShares Dow Jones U.S. ETF during the fourth quarter worth about $239,000. Garde Capital Inc. purchased a new position in iShares Dow Jones U.S. ETF during the fourth quarter worth about $108,000. Wells Fargo & Company MN raised its stake in shares of iShares Dow Jones U.S. ETF by 2.2% in the 4th quarter. Wells Fargo & Company MN now owns 105,776 shares of the company’s stock valued at $12,326,000 after acquiring an additional 2,308 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of iShares Dow Jones U.S. ETF by 7.1% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 16,754 shares of the company’s stock valued at $1,952,000 after acquiring an additional 1,107 shares during the period.

iShares Dow Jones U.S. ETF Stock Performance

Shares of IYY stock opened at $133.40 on Wednesday. The firm has a market cap of $1.99 billion, a P/E ratio of 25.62 and a beta of 1.02. The firm’s 50 day moving average price is $133.66 and its 200-day moving average price is $129.53. iShares Dow Jones U.S. ETF has a one year low of $99.61 and a one year high of $137.55.

iShares Dow Jones U.S. ETF 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.