Chung Wu Investment Group LLC Buys Shares of 6,370 iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Chung Wu Investment Group LLC purchased a new stake in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 6,370 shares of the company’s stock, valued at approximately $911,000. iShares Dow Jones U.S. ETF comprises about 0.9% of Chung Wu Investment Group LLC’s investment portfolio, making the stock its 25th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Kohmann Bosshard Financial Services LLC bought a new stake in iShares Dow Jones U.S. ETF during the 4th quarter worth approximately $45,000. Financial Life Planners purchased a new stake in iShares Dow Jones U.S. ETF in the 4th quarter worth $48,000. Archer Investment Corp bought a new stake in iShares Dow Jones U.S. ETF during the fourth quarter valued at about $88,000. Synergy Investment Management LLC purchased a new position in shares of iShares Dow Jones U.S. ETF in the fourth quarter valued at about $165,000. Finally, Fagan Associates Inc. bought a new position in shares of iShares Dow Jones U.S. ETF in the fourth quarter worth about $200,000.

iShares Dow Jones U.S. ETF Price Performance

Shares of IYY opened at $142.10 on Thursday. The firm has a market cap of $2.32 billion, a P/E ratio of 26.90 and a beta of 1.03. The company has a 50 day simple moving average of $145.93 and a two-hundred day simple moving average of $142.99. iShares Dow Jones U.S. ETF has a 1 year low of $120.56 and a 1 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.