Legacy Capital Group California Inc. Invests $1.05 Million in iShares Dow Jones U.S. ETF $IYY

Legacy Capital Group California Inc. acquired a new stake in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,327 shares of the company’s stock, valued at approximately $1,049,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IYY. Sharp Wealth Advisory LLC boosted its holdings in shares of iShares Dow Jones U.S. ETF by 5.3% in the 4th quarter. Sharp Wealth Advisory LLC now owns 174,850 shares of the company’s stock valued at $28,992,000 after purchasing an additional 8,741 shares during the last quarter. Sharp Financial Services LLC acquired a new stake in shares of iShares Dow Jones U.S. ETF during the third quarter valued at about $26,989,000. Bank of America Corp DE increased its position in shares of iShares Dow Jones U.S. ETF by 2.1% during the third quarter. Bank of America Corp DE now owns 111,877 shares of the company’s stock worth $18,177,000 after acquiring an additional 2,267 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of iShares Dow Jones U.S. ETF by 15.9% in the second quarter. Raymond James Financial Inc. now owns 100,896 shares of the company’s stock worth $15,223,000 after acquiring an additional 13,845 shares in the last quarter. Finally, Apella Capital LLC acquired a new position in shares of iShares Dow Jones U.S. ETF in the fourth quarter worth about $14,236,000.

iShares Dow Jones U.S. ETF Trading Up 1.0%

iShares Dow Jones U.S. ETF stock opened at $173.20 on Thursday. The stock has a market cap of $2.83 billion, a P/E ratio of 25.52 and a beta of 1.01. iShares Dow Jones U.S. ETF has a 52 week low of $130.10 and a 52 week high of $173.46. The stock has a 50 day moving average of $164.36 and a 200-day moving average of $165.26.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.