Mount Yale Investment Advisors LLC Invests $326,000 in iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Mount Yale Investment Advisors LLC purchased a new position in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,544 shares of the company’s stock, valued at approximately $326,000.

Several other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. raised its position in shares of iShares Dow Jones U.S. ETF by 18.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 212,135 shares of the company’s stock worth $24,720,000 after purchasing an additional 32,599 shares during the last quarter. Savant Capital LLC raised its position in shares of iShares Dow Jones U.S. ETF by 1.4% during the 4th quarter. Savant Capital LLC now owns 165,085 shares of the company’s stock worth $19,237,000 after purchasing an additional 2,326 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of iShares Dow Jones U.S. ETF by 2.0% during the 1st quarter. Commonwealth Equity Services LLC now owns 124,279 shares of the company’s stock worth $15,919,000 after purchasing an additional 2,455 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of iShares Dow Jones U.S. ETF by 2.2% during the 4th quarter. Wells Fargo & Company MN now owns 105,776 shares of the company’s stock worth $12,326,000 after purchasing an additional 2,308 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position in shares of iShares Dow Jones U.S. ETF by 0.9% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 49,216 shares of the company’s stock worth $6,304,000 after purchasing an additional 447 shares during the last quarter.

iShares Dow Jones U.S. ETF Price Performance

IYY traded up $0.40 during trading on Monday, hitting $132.85. The company’s stock had a trading volume of 27,270 shares, compared to its average volume of 26,433. The firm’s 50 day moving average price is $132.01 and its 200-day moving average price is $126.54. The stock has a market cap of $1.98 billion, a PE ratio of 25.62 and a beta of 1.02. iShares Dow Jones U.S. ETF has a twelve month low of $99.61 and a twelve month high of $137.55.

About iShares Dow Jones U.S. ETF

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.