Sharp Financial Services LLC Buys 4,862 Shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Sharp Financial Services LLC increased its stake in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 3.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 137,610 shares of the company’s stock after acquiring an additional 4,862 shares during the quarter. iShares Dow Jones U.S. ETF makes up 14.9% of Sharp Financial Services LLC’s holdings, making the stock its largest holding. Sharp Financial Services LLC owned about 0.92% of iShares Dow Jones U.S. ETF worth $19,691,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of IYY. Cetera Investment Advisers boosted its position in shares of iShares Dow Jones U.S. ETF by 17.7% in the second quarter. Cetera Investment Advisers now owns 52,600 shares of the company’s stock worth $6,960,000 after buying an additional 7,919 shares during the period. Envestnet Asset Management Inc. boosted its position in iShares Dow Jones U.S. ETF by 7.7% during the second quarter. Envestnet Asset Management Inc. now owns 42,924 shares of the company’s stock valued at $5,679,000 after purchasing an additional 3,053 shares during the last quarter. HighTower Advisors LLC boosted its position in iShares Dow Jones U.S. ETF by 2.4% during the third quarter. HighTower Advisors LLC now owns 38,827 shares of the company’s stock valued at $5,421,000 after purchasing an additional 920 shares during the last quarter. Susquehanna International Group LLP boosted its position in iShares Dow Jones U.S. ETF by 12.7% during the second quarter. Susquehanna International Group LLP now owns 27,812 shares of the company’s stock valued at $3,680,000 after purchasing an additional 3,138 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in iShares Dow Jones U.S. ETF during the third quarter valued at $3,357,000.

iShares Dow Jones U.S. ETF Price Performance

Shares of NYSEARCA:IYY opened at $148.46 on Thursday. iShares Dow Jones U.S. ETF has a fifty-two week low of $117.97 and a fifty-two week high of $149.28. The business has a 50-day moving average of $145.67 and a two-hundred day moving average of $139.96. The stock has a market capitalization of $2.21 billion, a P/E 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.