iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Stock Short Interest Report for September

iShares Dow Jones U.S. ETF (NYSEARCA:IYY) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 5,274 shares, a decline of 39.3% from the September 15th total of 8,686 shares. Based on an average daily volume of 13,238 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s stock are short sold.

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

Several hedge funds and other institutional investors have recently made changes to their positions in IYY. Bank of America Corp DE lifted its position in shares of iShares Dow Jones U.S. ETF by 27.5% during the 1st quarter. Bank of America Corp DE now owns 249,037 shares of the company’s stock worth $39,460,000 after purchasing an additional 53,715 shares during the last quarter. Kestra Advisory Services LLC raised its position in shares of iShares Dow Jones U.S. ETF by 202.5% during the first quarter. Kestra Advisory Services LLC now owns 105,487 shares of the company’s stock valued at $16,714,000 after buying an additional 70,621 shares during the last quarter. Royal Bank of Canada grew its position in iShares Dow Jones U.S. ETF by 1.3% during the first quarter. Royal Bank of Canada now owns 77,895 shares of the company’s stock worth $12,342,000 after buying an additional 1,018 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in iShares Dow Jones U.S. ETF by 1.2% during the second quarter. Envestnet Asset Management Inc. now owns 44,050 shares of the company’s stock valued at $8,029,000 after acquiring an additional 506 shares during the period. Finally, Aspiriant LLC bought a new stake in shares of iShares Dow Jones U.S. ETF in the 3rd quarter worth approximately $5,515,000.

iShares Dow Jones U.S. ETF Stock Performance

Shares of IYY traded down $2.17 during trading hours on Friday, hitting $185.40. 13,588 shares of the company were exchanged, compared to its average volume of 26,757. The company has a market cap of $2.99 billion, a PE ratio of 25.52 and a beta of 1.01. The firm’s 50 day moving average is $187.08 and its 200-day moving average is $181.01. iShares Dow Jones U.S. ETF has a 52 week low of $153.32 and a 52 week 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.