6,044 Shares of iShares Dow Jones U.S. ETF $IYY Bought by Founders Financial Securities LLC

Founders Financial Securities LLC bought a new stake in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) during the third quarter, HoldingsChannel.com reports. The fund bought 6,044 shares of the company’s stock, valued at approximately $1,121,000.

Several other hedge funds have also recently added to or reduced their stakes in IYY. First Heartland Consultants Inc. bought a new stake in shares of iShares Dow Jones U.S. ETF in the 3rd quarter valued at approximately $4,315,000. Bank of America Corp DE raised its holdings in shares of iShares Dow Jones U.S. ETF by 27.5% in the 1st quarter. Bank of America Corp DE now owns 249,037 shares of the company’s stock worth $39,460,000 after buying an additional 53,715 shares in the last quarter. Sigma Planning Corp raised its holdings in shares of iShares Dow Jones U.S. ETF by 50.2% in the 1st quarter. Sigma Planning Corp now owns 16,321 shares of the company’s stock worth $2,586,000 after buying an additional 5,453 shares in the last quarter. Evanson Financial LLC acquired a new position in shares of iShares Dow Jones U.S. ETF in the 2nd quarter worth approximately $627,000. Finally, Kestra Advisory Services LLC lifted its position in shares of iShares Dow Jones U.S. ETF by 202.5% during the 1st quarter. Kestra Advisory Services LLC now owns 105,487 shares of the company’s stock worth $16,714,000 after buying an additional 70,621 shares during the period.

iShares Dow Jones U.S. ETF Price Performance

iShares Dow Jones U.S. ETF stock opened at $183.82 on Friday. The business has a 50 day simple moving average of $186.68 and a 200 day simple moving average of $177.32. The company has a market capitalization of $2.96 billion, a PE ratio of 25.52 and a beta of 1.01. iShares Dow Jones U.S. ETF has a one year low of $153.32 and a one year high of $190.10.

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