iShares Dow Jones U.S. ETF $IYY Stake Lessened by Washburn Capital Management Inc.

Washburn Capital Management Inc. trimmed its position in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 28.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,240 shares of the company’s stock after selling 870 shares during the quarter. Washburn Capital Management Inc.’s holdings in iShares Dow Jones U.S. ETF were worth $338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the company. Simplex Trading LLC acquired a new stake in shares of iShares Dow Jones U.S. ETF during the 2nd quarter valued at about $64,000. Westside Investment Management Inc. lifted its holdings in shares of iShares Dow Jones U.S. ETF by 2.6% during the 2nd quarter. Westside Investment Management Inc. now owns 2,970 shares of the company’s stock valued at $448,000 after buying an additional 75 shares during the last quarter. Sigma Planning Corp lifted its holdings in shares of iShares Dow Jones U.S. ETF by 19.0% during the 2nd quarter. Sigma Planning Corp now owns 10,248 shares of the company’s stock valued at $1,546,000 after buying an additional 1,635 shares during the last quarter. Smith Shellnut Wilson LLC ADV acquired a new stake in shares of iShares Dow Jones U.S. ETF during the 2nd quarter valued at about $200,000. Finally, TIAA Trust National Association lifted its holdings in shares of iShares Dow Jones U.S. ETF by 2.6% during the 2nd quarter. TIAA Trust National Association now owns 7,380 shares of the company’s stock valued at $1,113,000 after buying an additional 185 shares during the last quarter.

iShares Dow Jones U.S. ETF Stock Performance

IYY opened at $166.30 on Tuesday. The business has a 50 day moving average price of $161.73 and a 200 day moving average price of $152.30. iShares Dow Jones U.S. ETF has a twelve month low of $116.99 and a twelve month high of $167.88. The firm has a market cap of $2.73 billion, a P/E ratio of 25.52 and a beta of 1.02.

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.