iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Sees Strong Trading Volume – What’s Next?

Shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) saw unusually-high trading volume on Monday . Approximately 151,404 shares were traded during mid-day trading, an increase of 312% from the previous session’s volume of 36,738 shares.The stock last traded at $137.19 and had previously closed at $140.15.

iShares Dow Jones U.S. ETF Stock Down 2.8 %

The stock has a market capitalization of $2.22 billion, a P/E ratio of 24.96 and a beta of 1.04. The business has a fifty day moving average price of $145.68 and a 200-day moving average price of $143.09.

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

Several large investors have recently made changes to their positions in the company. Silver Oak Advisory Group Inc. boosted its position in shares of iShares Dow Jones U.S. ETF by 2.9% during 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 period. Sanctuary Advisors LLC boosted its holdings 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. grew its position in 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. Mercer Global Advisors Inc. ADV increased its stake in iShares Dow Jones U.S. ETF by 0.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 11,203 shares of the company’s stock worth $1,603,000 after purchasing an additional 104 shares during the period. Finally, National Bank of Canada FI lifted its position in shares of iShares Dow Jones U.S. ETF by 1.6% during the third quarter. National Bank of Canada FI now owns 7,082 shares of the company’s stock worth $989,000 after purchasing an additional 112 shares during the last quarter.

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.