Ellis Investment Partners LLC Boosts Holdings in iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Ellis Investment Partners LLC raised its stake in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 8.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,821 shares of the company’s stock after buying an additional 965 shares during the quarter. Ellis Investment Partners LLC owned about 0.08% of iShares Dow Jones U.S. ETF worth $1,691,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Silver Oak Advisory Group Inc. grew its stake in iShares Dow Jones U.S. ETF by 2.9% during the third quarter. Silver Oak Advisory Group Inc. now owns 2,752 shares of the company’s stock valued at $384,000 after acquiring an additional 78 shares in the last quarter. National Bank of Canada FI grew its position in shares of iShares Dow Jones U.S. ETF by 1.6% during the third quarter. National Bank of Canada FI now owns 7,082 shares of the company’s stock valued at $989,000 after purchasing an additional 112 shares in the last quarter. Thomasville National Bank increased its holdings in shares of iShares Dow Jones U.S. ETF by 1.2% in the fourth quarter. Thomasville National Bank now owns 12,567 shares of the company’s stock worth $1,798,000 after purchasing an additional 145 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares Dow Jones U.S. ETF by 1.3% in the third quarter. JPMorgan Chase & Co. now owns 12,525 shares of the company’s stock worth $1,748,000 after purchasing an additional 155 shares during the last quarter. Finally, Watts Gwilliam & Co. LLC lifted its position in shares of iShares Dow Jones U.S. ETF by 6.8% in the fourth quarter. Watts Gwilliam & Co. LLC now owns 3,200 shares of the company’s stock worth $460,000 after buying an additional 205 shares in the last quarter.

iShares Dow Jones U.S. ETF Price Performance

NYSEARCA IYY opened at $149.12 on Friday. iShares Dow Jones U.S. ETF has a 1-year low of $120.56 and a 1-year high of $149.45. The business has a 50 day simple moving average of $146.19 and a two-hundred day simple moving average of $141.56. The stock has a market capitalization of $2.22 billion, a PE ratio of 25.62 and a beta of 1.02.

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.