Sigma Planning Corp Reduces Position in iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Sigma Planning Corp lowered its stake in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 21.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 8,938 shares of the company’s stock after selling 2,371 shares during the period. Sigma Planning Corp’s holdings in iShares Dow Jones U.S. ETF were worth $1,279,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Silver Oak Advisory Group Inc. boosted its position in iShares Dow Jones U.S. ETF by 2.9% in the third quarter. Silver Oak Advisory Group Inc. now owns 2,752 shares of the company’s stock valued at $384,000 after buying an additional 78 shares during the last quarter. Sanctuary Advisors LLC lifted its stake in iShares Dow Jones U.S. ETF by 3.2% during the 4th quarter. Sanctuary Advisors LLC now owns 2,885 shares of the company’s stock valued at $427,000 after acquiring an additional 90 shares during the period. J.W. Cole Advisors Inc. boosted its holdings in shares of iShares Dow Jones U.S. ETF by 1.9% in the 4th quarter. J.W. Cole Advisors Inc. now owns 5,366 shares of the company’s stock valued at $768,000 after acquiring an additional 98 shares during the last quarter. National Bank of Canada FI increased its stake in shares of iShares Dow Jones U.S. ETF by 1.6% in the third quarter. National Bank of Canada FI now owns 7,082 shares of the company’s stock worth $989,000 after acquiring an additional 112 shares during the period. Finally, Thomasville National Bank raised its holdings in shares of iShares Dow Jones U.S. ETF by 1.2% during 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.

iShares Dow Jones U.S. ETF Stock Performance

NYSEARCA:IYY opened at $145.59 on Tuesday. The firm’s fifty day moving average is $146.20 and its two-hundred day moving average is $142.52. The firm has a market cap of $2.38 billion, a price-to-earnings ratio of 26.90 and a beta of 1.03. iShares Dow Jones U.S. ETF has a one year low of $120.56 and a one year high of $149.87.

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.