iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Sets New 1-Year High – Should You Buy?

Shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) reached a new 52-week high on Thursday . The company traded as high as $149.87 and last traded at $149.75, with a volume of 23886 shares traded. The stock had previously closed at $149.54.

iShares Dow Jones U.S. ETF Price Performance

The firm has a market cap of $2.45 billion, a price-to-earnings ratio of 26.90 and a beta of 1.03. The business’s 50-day moving average price is $146.25 and its two-hundred day moving average price is $141.94.

Institutional Trading of iShares Dow Jones U.S. ETF

A number of hedge funds have recently made changes to their positions in the stock. Atala Financial Inc acquired a new position in iShares Dow Jones U.S. ETF in the fourth quarter worth $30,000. Kohmann Bosshard Financial Services LLC acquired a new position in iShares Dow Jones U.S. ETF in the fourth quarter worth $45,000. Financial Life Planners acquired a new position in iShares Dow Jones U.S. ETF in the fourth quarter worth $48,000. Allworth Financial LP acquired a new position in iShares Dow Jones U.S. ETF in the third quarter worth $60,000. Finally, Archer Investment Corp acquired a new position in iShares Dow Jones U.S. ETF in the fourth quarter worth $88,000.

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.