iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Reaches New 12-Month Low – Here’s Why

iShares Dow Jones U.S. ETF (NYSEARCA:IYY)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $116.99 and last traded at $117.36, with a volume of 25894 shares trading hands. The stock had previously closed at $123.03.

iShares Dow Jones U.S. ETF Stock Up 9.2 %

The stock has a fifty day moving average of $140.63 and a 200-day moving average of $142.79. The stock has a market capitalization of $2.13 billion, a PE ratio of 24.93 and a beta of 1.04.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sanctuary Advisors LLC grew its holdings in shares of iShares Dow Jones U.S. ETF by 3.2% during the fourth quarter. Sanctuary Advisors LLC now owns 2,885 shares of the company’s stock worth $427,000 after purchasing an additional 90 shares during the last quarter. J.W. Cole Advisors Inc. lifted its stake in iShares Dow Jones U.S. ETF by 1.9% in the fourth quarter. J.W. Cole Advisors Inc. now owns 5,366 shares of the company’s stock valued at $768,000 after buying an additional 98 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of 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 valued at $1,603,000 after acquiring an additional 104 shares during the period. National Bank of Canada FI grew 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 acquiring an additional 112 shares during the last quarter. Finally, Thomasville National Bank increased its holdings in shares of iShares Dow Jones U.S. ETF by 1.2% in the 4th quarter. Thomasville National Bank now owns 12,567 shares of the company’s stock valued at $1,798,000 after acquiring an additional 145 shares during the period.

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.