iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Sets New 1-Year High – What’s Next?

iShares Dow Jones U.S. ETF (NYSEARCA:IYY) shares hit a new 52-week high on Friday . The company traded as high as $149.40 and last traded at $149.19, with a volume of 6520 shares. The stock had previously closed at $149.14.

iShares Dow Jones U.S. ETF Price Performance

The stock’s fifty day simple moving average is $145.72 and its two-hundred day simple moving average is $140.02. The firm has a market cap of $2.22 billion, a PE ratio of 25.62 and a beta of 1.02.

Institutional Investors Weigh In On iShares Dow Jones U.S. ETF

A number of institutional investors have recently made changes to their positions in the company. Allworth Financial LP purchased a new stake in iShares Dow Jones U.S. ETF in the third quarter worth approximately $60,000. CPR Investments Inc. bought a new stake in shares of iShares Dow Jones U.S. ETF during the 4th quarter valued at $211,000. Procyon Advisors LLC bought a new stake in shares of iShares Dow Jones U.S. ETF during the 3rd quarter valued at $209,000. Tyche Wealth Partners LLC bought a new stake in shares of iShares Dow Jones U.S. ETF during the 3rd quarter valued at $216,000. Finally, Brighton Jones LLC bought a new stake in shares of iShares Dow Jones U.S. ETF during the 3rd quarter valued at $291,000.

iShares Dow Jones U.S. ETF Company 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.