Lowe Wealth Advisors LLC Trims Position in iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Lowe Wealth Advisors LLC reduced its stake in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 2.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 34,215 shares of the company’s stock after selling 767 shares during the period. iShares Dow Jones U.S. ETF makes up approximately 2.1% of Lowe Wealth Advisors LLC’s portfolio, making the stock its 11th biggest holding. Lowe Wealth Advisors LLC owned 0.23% of iShares Dow Jones U.S. ETF worth $4,896,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Watts Gwilliam & Co. LLC grew its stake in shares of iShares Dow Jones U.S. ETF by 6.8% during the 4th quarter. Watts Gwilliam & Co. LLC now owns 3,200 shares of the company’s stock worth $460,000 after purchasing an additional 205 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares Dow Jones U.S. ETF by 1.3% in the third quarter. JPMorgan Chase & Co. now owns 12,525 shares of the company’s stock valued at $1,748,000 after buying an additional 155 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of iShares Dow Jones U.S. ETF in the third quarter worth about $408,000. National Bank of Canada FI boosted its position in 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 in the last quarter. Finally, Jane Street Group LLC grew its stake in iShares Dow Jones U.S. ETF by 663.6% in the 3rd quarter. Jane Street Group LLC now owns 12,164 shares of the company’s stock valued at $1,698,000 after acquiring an additional 10,571 shares during the period.

iShares Dow Jones U.S. ETF Trading Down 1.5 %

IYY traded down $2.10 during midday trading on Friday, hitting $141.91. 30,478 shares of the company traded hands, compared to its average volume of 56,788. The business has a 50 day simple moving average of $145.48 and a two-hundred day simple moving average of $139.22. iShares Dow Jones U.S. ETF has a 52-week low of $114.89 and a 52-week high of $149.28. The company has a market capitalization of $2.11 billion, a price-to-earnings ratio of 25.62 and a beta of 1.02.

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.